Bi-Weekly Mortgage Calculator

This calculator will show you how much you will save if you make half of your mortgage payment every two weeks instead of making a full mortgage payment once a month. It means that you will be making one extra mortgage payment per year and probably not even noticing the extra outlay. But, as you will see with this calculator, you will certainly notice the difference when you pay your mortgage off way ahead of schedule!

Enter the principal balance of your mortgage
(call your mortgage lender and ask for the current payoff amount):


Enter the amount of your monthly mortgage payment:
(principal and interest portion only):


Enter the your mortgage's current interest rate:


This is how much interest you will pay under your current monthly payment plan:


This is how much interest you will pay if you switch to a bi-weekly mortgage payment plan:


Bi-weekly Mortgage Interest Savings:

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