Biweekly Mortgage Calculator
$
%
Benefits of Biweekly Payments
Key advantages:
- Make 26 half-payments instead of 12 full payments
- Extra annual payment reduces principal faster
- Significant interest savings over loan term
- Earlier mortgage payoff
- Matches common biweekly pay schedules
Note: Verify that your lender accepts biweekly payments and properly applies them to your loan. Some lenders may require enrollment in a specific biweekly payment program. Consider any fees associated with biweekly payment plans.