Biweekly mortgage calculator
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This biweekly mortgage calculator shows the possible savings by using an accelerated biweekly mortgage payment. By paying half the monthly payment every two weeks, each year the mortgage company will receive the equivalent of 13 monthly payments instead of 12. This simple technique can take years off the mortgage loan and save thousands of dollars in interest charges.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.