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Bi-Weekly Mortgage Payment |
| Use this calculator to compute how
much you will save by making 1/2 of your normal monthly payment every two
weeks (bi-weekly) instead of making a full mortgage payment once a month.
Bi-weekly payments accelerate your mortgage payoff by adding an extra 13th
payment to your annual number of payments and splitting it up between 26
bi-weekly payments. |
NOTICE:
This calculator assumes conventional financing for all calculations however
the final amounts may be different depending on your circumstances. To ensure
accuracy it is recommended you obtain personal advice from qualified professionals.
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