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Biweekly Payments for an Existing Mortgage Calculator*

This calculator shows you possible savings by using an accelerated bi-weekly mortgage payment. By paying ½ your monthly payment every two weeks, each year your mortgage company will receive the equivalent of 13 monthly payments instead of 12. This simple technique can shave years off your mortgage and save you thousands of dollars in interest.

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*This Web site contains tools and calculators that are hypothetical in nature and used for illustrative purposes only.

This is a self-help tool. This information is provided for illustrative purposes to assist you regarding your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations, and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal, or tax advice. Your circumstances are unique, and you should consult with a financial, legal, or tax advisor as appropriate. In addition, such information should not be relied upon as the only source of information.

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Last Updated: 6/16/2017