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Extra Mortgage Payment Calculator

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					Calculators

Standard Monthly vs True Biweekly Payment Calculator

http://mortgage-x.com/calculators/biweekly_calculator.asp

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

http://mortgage-x.com/calculators/standard_biweekly.asp

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schedule), instead of having your money withdrawn from your bank account every two weeks by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
payments).




Extra Mortgage Payment Calculator

http://mortgage-x.com/calculators/extra_payment_calculator.asp

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.