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mortgage calculators bread crumb mortgage calculators > Bi-weekly mortgage payment

Bi-weekly mortgage payment

This mortgage calculator shows how much time and money you can save by paying bi-weekly payment. Bi-weekly payments means the borrower pays every two weeks. Thus, the mortgage reduces every two weeks which is faster than monthly payments. Simply fill out the easy to understand form to find out.

Also, we added Bi-weekly Schedule report in this mortgage calculator. Create this report anytime and anywhere, and watch your how much you save. The report compares the balance each year between paying regular monthly mortgage payment and bi-weekly mortgage payment. Simply fill out the easy to understand form to find out. Click on the Bi-weekly schedule button. And, you are all set up with the report. This bi-weekly mortgage calculator is also one of our mortgage calculators.

Enter values that implies your situation
Total Mortgage Amount: $ Click here for mortgage term definition
Mortgage Term: years Click here for mortgage term definition
Actual Interest Rate: % Click here for mortgage term definition
Start Date of Mortgage: Click here for mortgage term definition


Mortgage Calculator Definition of Terms

Total Mortgage Amount

It is the amount that the borrower wishes to borrow. For example, 250000.

Mortgage Term

The number of years to amortized the mortgage loan. For example, 20, 25, or 30 years are common

Actual Interest Rate

The percentage of an amount of money which is paid for its use for a specified time. For example, 5.25 quotes by lender

Start Date of Mortgage

The date on which you start to pay off the mortage. For example, September 2005

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Information and calculation provided on this mortgage calculators website is for general purposes only. It is not intended to take the place of advice from your mortgage brokers.