Biweekly Payment 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 and print complete
amortization schedules. This is a True Biweekly (or Simple Interest Biweekly) calculator (True Biweekly vs Standard Biweekly). It calculates interest for two-week intervals and applies the biweekly payments less the interest to reduce principal every two weeks. |
Please note:
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Mortgage professionals are welcome to participate! | ||
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