The principal amount of your mortgage:
The amount of your monthly mortgage payment:
The interest rate of the mortgage:
Interest you will pay under current monthly payment:
Interest you will pay under bi-weekly monthly payment:
Bi-weekly Mortgage Interest Savings:
This calculator will show you how much you will save if you make a bi-weekly mortgage payment instead of making a monthly mortgage payment. In effect, you will be making one extra mortgage payment per year -- without hardly noticing the additional cash outflow. But, as you're about to discover, you will certainly notice the "increased" cash flow that will occur when you pay your mortgage off way ahead of schedule!
Mortgage Bi-weekly Calculator
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