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Bi-weekly 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. In effect, you will be making one extra mortgage payment per year--without hardly noticing the additional cash outflow. But, as your about to discover, you will certainly notice the increased cash flow that will occur 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 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:
Homebuyers Credit
Loan Amount*
Please Select
Less than $100,000
$100,001 - $110,000
$110,001 - $120,000
$120,001 - $130,000
$130,001 - $140,000
$140,001 - $150,000
$150,001 - $160,000
$160,001 - $170,000
$170,001 - $180,000
$180,001 - $190,000
$190,001 - $200,000
$200,001 - $210,000
$210,001 - $220,000
$220,001 - $230,000
$230,001 - $240,000
$240,001 - $250,000
$250,001 - $275,000
$275,001 - $300,000
$300,001 - $325,000
$325,001 - $350,000
$350,001 - $375,000
$375,001 - $400,000
$400,001 - $425,000
$425,001 - $450,000
$450,001 - $475,000
$475,001 - $500,000
$525,001 - $550,000
$550,001 - $575,000
$575,001 - $600,000
$600,001 - $625,000
$625,001 - $650,000
$650,001 - $675,000
$675,001 - $700,000
$700,001 - $725,000
$725,001 - $750,000
$750,001 - $775,000
$775,001 - $800,000
$800,001 - $825,000
$825,001 - $850,000
$850,001 - $875,000
$875,001 - $900,000
$900,001 - $925,000
$925,001 - $950,000
$950,001 - $975,000
$975,001 - $1,000,000
$1,000,001 - $1,100,000
$1,100,001 - $1,200,000
$1,200,001 - $1,300,000
$1,300,001 - $1,400,000
$1,400,001 - $1,500,000
$1,500,000+
Property Value*
Please Select
Less than $100,000
$100,001 - $110,000
$110,001 - $120,000
$120,001 - $130,000
$130,001 - $140,000
$140,001 - $150,000
$150,001 - $160,000
$160,001 - $170,000
$170,001 - $180,000
$180,001 - $190,000
$190,001 - $200,000
$200,001 - $210,000
$210,001 - $220,000
$220,001 - $230,000
$230,001 - $240,000
$240,001 - $250,000
$250,001 - $275,000
$275,001 - $300,000
$300,001 - $325,000
$325,001 - $350,000
$350,001 - $375,000
$375,001 - $400,000
$400,001 - $425,000
$425,001 - $450,000
$450,001 - $475,000
$475,001 - $500,000
$525,001 - $550,000
$550,001 - $575,000
$575,001 - $600,000
$600,001 - $625,000
$625,001 - $650,000
$650,001 - $675,000
$675,001 - $700,000
$700,001 - $725,000
$725,001 - $750,000
$750,001 - $775,000
$775,001 - $800,000
$800,001 - $825,000
$825,001 - $850,000
$850,001 - $875,000
$875,001 - $900,000
$900,001 - $925,000
$925,001 - $950,000
$950,001 - $975,000
$975,001 - $1,000,000
$1,000,001 - $1,100,000
$1,100,001 - $1,200,000
$1,200,001 - $1,300,000
$1,300,001 - $1,400,000
$1,400,001 - $1,500,000
$1,500,000+
Loan Type*
Purchase
Refinance
Refinance - Cash Out
Credit Score*
Please Select
740 - 850
720 - 739
700 - 719
680 - 699
660 - 679
640 - 659
620 - 639
0 - 619
Zip Code*
Property Type*
Please Select
Single Family
Condo
Townhome
2-4 Unit
Commercial
Occupancy*
Please Select
Owner Occupied
Non-owner occupied
Name*
Email*
Phone*
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