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Bi-weekly Payment Calculator

What happens if you make you make a mortgage payment every two weeks instead of once a month? Do you save money?

The answer is YES! You can save substantially on interest charges by paying bi-weekly. Use our bi-weekly payment calculator to find out how much your savings would be.

How much do you owe?
Monthly payment (principal and interest only):
Current interest rate:

Interest over life of loan - Monthly payments
Interest over life of loan - Bi-weekly payments
Total Interest Savings:

Our calculators and tools are not intended to be scientific and are only to be used as a general guideline. Information found on our site should not take the place of professional legal and financial assistance.