Paying your mortgage more frequently is a fantastic strategy to pay off your mortgage sooner and save money in the long run. And it's not about increasing your payment. Split your normal monthly payment in half and pay it biweekly. By the end of each year, you will have paid the equivalent of 13 monthly payments instead of 12. Doing this can shave years off your mortgage and save thousands of dollars in interest. See the positive impact of this strategy on your finances.
Biweekly Mortgage Calculator
This calculator shows you possible savings by using an accelerated biweekly mortgage payment. Biweekly payments accelerate your mortgage payoff by paying 1/2 of your normal monthly payment every two weeks. By the end of each year, you will have paid 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. Click on the "View Report" button to see your savings!