Biweekly Mortgage Payment Calculator
Biweekly Mortgage Payment
Compare biweekly versus monthly mortgage payments and see interest savings
$
%
years
Formula
Biweekly Payment = Monthly Payment / 2; 26 payments per year vs 12
Frequently Asked Questions
How does biweekly mortgage payment work?
You pay half your monthly payment every two weeks, resulting in 26 half-payments or 13 full payments per year instead of 12.
How much can biweekly payments save?
Biweekly payments can shave 4 to 6 years off a 30-year mortgage and save tens of thousands in interest.