Wall Office

1967 Highway 34

Building C, Suite 201
Wall Township, NJ 07719

Bi-Weekly Mortgage Payments

Switching from monthly to biweekly (every two weeks) mortgage payments can help you pay off your home faster and save money on interest. Use this calculator to see how much you could save.

Loan Details

$
%
years

Your Potential Savings

Interest Savings
$0

Payment Comparison

Monthly Payments

Payment Amount$0
Total Interest Paid$0
Total Amount Repaid$0

Bi-Weekly Payments

Payment Amount$0
Total Interest Paid$0
Total Amount Repaid$0

Balance Over Time

By switching to bi-weekly payments, you make 26 half-payments per year instead of 12 full monthly payments. This equals one extra monthly payment each year, helping you pay off your mortgage faster and save on interest.

This is a hypothetical interest rate used for illustrative purposes only. It is not representative of any specific mortgage rate. Speak with your real estate professional or mortgage company if you are uncertain about your Annual Interest Rate.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Emerging Market Opportunities

Emerging Market Opportunities

What are your options for investing in emerging markets?

Your Emergency Fund: How Much Is Enough?

Your Emergency Fund: How Much Is Enough?

Having an emergency fund may help alleviate the stress and worry associated with a financial crisis.

Student Loan Payoff Calculator: Extra Payments Can Save You

Student Loan Payoff Calculator: Extra Payments Can Save You

See how extra payments toward your student loans could shorten your payoff timeline.

This website uses tracking technologies to enable our website functionalities, to enhance user experience or to analyze performance and traffic. We may also share information about your use of our site with our analytics partners. We do not sell your information or share it for purposes of cross-contextual advertising. For more details on the data we process, see our Privacy Policy.