Bi-Weekly Mortgage Calculator

This calculator will show you how much money and time you will save in paying off your mortgage faster with a biweekly payment plan. Simple fill out the boxes below based on your personal situation.

Enter the principal balance of your mortgage
(call your mortgage lender and ask for the current payoff amount):
i.e. 150000
Enter the amount of your monthly mortgage payment:
(principal and interest portion only):
i.e. 1500
Enter the your mortgage's current interest rate: % i.e. 6.5
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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Calculators are provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose. These calculators are provided for general information and illustration purposes only. The results may not be accurate and are not intended to be advice and may not apply to your circumstance.
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