Biweekly Mortgage Calculator
See how paying half your mortgage payment every two weeks pays the loan off years early and slashes total interest. Biweekly schedules make 26 payments a year — the equivalent of 13 monthly payments instead of 12.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Results assume a fixed rate and that your servicer applies biweekly payments as received. Confirm your lender supports true biweekly payments (not just holding funds until month-end) before enrolling.
Inputs
Results
Biweekly payment
$899.33
≈ 7 pairs of sneakers
How to Use This Calculator
- Enter your loan amount, interest rate, and term.
- The biweekly payment is half your normal monthly payment, billed every two weeks.
- Compare the payoff time and total interest against a standard monthly schedule.
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