The latest issue of Men's Health has an article on how to retire early, yadda yadda. It mentioned that you should always pay your mortgage on the 1st, because otherwise the bank will charge you interest on the unpaid balance after the first. I have a LOT of mortgages, so this set me into panic mode, as I have never heard anything like this before. Glad to hear (and reaffirms my hunch) that its false. Whewww