Biweekly Payment Calculator
See How Much Time and Money You May Save on Your Mortgage!
Making biweekly payments is a great way to save time and money on your home mortgage loan. The Biweekly Payment Calculator in Real Estate Calculator Suite, $39.95 US, shows you how much time and money you can save by making biweekly payments (26 per year) instead of monthly payments.
If you already have a great interest rate on your mortgage loan, you may not be able to save money by refinancing. However, making biweekly payments can save you significant money and time. The Biweekly Payment Calculator in Real Estate Calculator Suite "makes real estate math easy" for you!
How does making biweekly payments save you time and money? Biweekly payments (one every two weeks and not two per month) you are paying down your principal more quickly. Because you make 26 biweekly payments each year, it's almost like making 13 monthly payments in 12 months.