Bi-weekly Mortgage Calculator
Monthly versus Bi-weekly Comparison

This calculator illustrates your savings by making one half of your mortgage payment every two weeks instead of once a month. Fill out all the fields below to see the results. Leave the “Current Monthly Mortgage Amount” blank if you are calculating for a future mortgage.

Amount of Mortgage ($) *
Interest (%) *
Term *
Current Monthly Mortgage Amount ($)
Number of Payments Already Paid

  
  
  
 
  
  
  


Current Mortgage
Mortgage
Interest Rate
Current Monthly Mortgage Amount
Total Interest Paid Out
Paid Off By
Paying Bi-weekly
Bi-Weekly Payment Amount
Total Interest Paid Out
Total Interest Savings
Paid Off By
Saved Payments
Effective Interest Rate
Paying an Extra $25 Each Payment
Bi-Weekly Payment Amount
Total Interest Paid Out
Total Interest Savings
Paid Off By
Saved Payments
Effective Interest Rate
Paying an Extra $50 Each Payment
Bi-Weekly Payment Amount
Total Interest Paid Out
Total Interest Savings
Paid Off By
Saved Payments
Effective Interest Rate
1