Standard Monthly vs True 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.
True Biweekly vs Standard Biweekly Payment Calculator
This calculator will show you how much you will save if you calculate interest for two-week
intervals and apply the biweekly payments less the interest to reduce principal every two weeks
(in other words, if you set up a true biweekly (sometimes called simple interest biweekly) payment
schedule), instead of having your money withdrawn from your bank account every two weeks by
your lender and making a full mortgage payment once a month plus one additional payment once
a year out of a special account, managed by the lender (pseudo biweekly or standard biweekly
Extra Mortgage Payment Calculator
Find out how your monthly, yearly, or one-time pre-payments influence the loan term and the
interest paid over the life of the loan.