Robert McLister·General·April 21, 2008Interest Adjustment Date (IAD) Explained Interest adjustments are one of the most overlooked closing expenses. It’s probably because many homeowners don’t expect to make any mortgage payments for up to a month after their closing date. If a borrower doesn’t close at the beginning of the month, however, they’ll often owe their lender an interest adjustment. As it turns out, more people have been emailing us about interest adjustments lately. Therefore, we thought it might be helpful to post this quick and dirty interest adjustment date overview. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.