Bi-Weekly Mortgage Payments
Switching from monthly to biweekly (every two weeks) mortgage payments can help you pay off your home faster and save money on interest. Use this calculator to see how much you could save.
Loan Details
Your Potential Savings
Payment Comparison
Monthly Payments
Bi-Weekly Payments
Balance Over Time
By switching to bi-weekly payments, you make 26 half-payments per year instead of 12 full monthly payments. This equals one extra monthly payment each year, helping you pay off your mortgage faster and save on interest.
This is a hypothetical interest rate used for illustrative purposes only. It is not representative of any specific mortgage rate. Speak with your real estate professional or mortgage company if you are uncertain about your Annual Interest Rate.
Have A Question About This Topic?
Related Content
Monthly Budget
Track your monthly income and expenses to get a clearer view of your cash flow.
Protecting Your Business from the Loss of a Key Person
Business owners may be able to protect themselves from the financial consequences of losing a key employee.
The Three Keys to a Great Password
Have fun and learn how to craft the perfect password with the help of this highly engaging infographic.