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Bi-Weekly Payment Mortgage Calculator


This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month.

Instructions: Complete the top 5 entry fields and click the "Compute" button. If you are entering data for a future mortgage, you can leave the "Current monthly mortgage payment" field blank, and the calculator will compute the payment for you.


Your Mortgage Information:
Dollar amount of your mortgage:
Interest rate of your mortgage:
Term of your mortgage in months:
Current monthly mortgage payment:
Number of monthly payments you have already paid:
 
Your Current Mortgage Plan:
Dollar amount of your mortgage:
Percentage rate of your mortgage:
Your current monthly payment:
Total interest paid:
Paid off in:
With the Bi-Weekly Payment Plan:
Your bi-weekly payment:
Total interest paid:
Total interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:
If You Pay an Additional $25 Every Payment:
Your bi-weekly payment:
Total interest paid:
Total interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:
Save Even More by Paying an Additional $50 Every Payment:
Your bi-weekly payment:
Total interest paid:
Total interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:



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