Company Logo
Home Home | Privacy Policy Privacy Policy | Site Security Site Security
Apply Today
  • Apply Online
    • Apply Online
    • Free Quick Quote
    • New Purchase
    • Refinance Adviser
    • Debt Elimination
    • spacerFree Information
      • Credit Score Factors
      • Home Inspections
      • The Mortgage Process
      • The Home Appraisal
  • Loan Center
    • Loan Checklist
    • Loan Update
    • Mortgage Glossary
    • FAQ
    • Today's Rates
  • Calculators
    • Basic Mortgage Qualification
    • Bi-Weekly Mortgage
    • Detailed Mortgage Qualification
    • How Much Can I Afford?
    • Interest Only Payments
    • Monthly Loan Payment
    • Prepayment Analysis
    • Prepayment Mortgage Reduction
    • Principal After X Years
    • Rent vs. Own
  • Company Info
    • About Us
    • Privacy Policy
    • Testimonials
    • Site Security
    • Contact Us
    • Licensing Information
    • Appraiser Log-In
    • Career Opportunities
  • Learn More
    • Web Links
    • Guide to Buying Your 1st Home
    • Debt-to-Income Ratio
    • About Reverse Mortgages
    • spacerVA & FHA
      • FHA Financing
      • VA FAQ
    • spacerConsolidate & Re-Finance
      • About Debt Consolidation
      • About Refinancing
 
     
     
 
Bi-Weekly Mortgage Calculator
 
 
This calculates how much you will pay over the life of the loan when paying bi-weekly.
  
     
 
Calculations    
 
     Principal Loan Balance: $
     Annual Interest Rate: $
     Number of Years:
 
 
     
 
Your Results
(Principal Remaining after each year if paying).
Year Monthly Payment Bi-Weekly Payment
1   119,046.23   118,144.71
2   118,010.73   116,130.44
3   116,886.50   113,943.56
4   115,665.93   111,569.28
5   114,340.77   108,991.55
6   112,902.50   106,192.92
7   111,340.40   103,154.48
8   109,644.18   99,855.66
9   107,803.0   96,274.16
10   105,804.40   92,385.76
11   103,633.79   88,164.14
12   101,277.57   83,580.77
13   98,719.44   78,604.64
14   95,942.90   73,202.10
15   92,926.75   67,336.60
16   89,653.20   60,968.47
17   86,098.75   54,054.65
18   82,239.92   46,548.36
19   78,050.40   38,398.84
20   73,501.89   29,550.98
21   68,563.59   19,944.92
22   63,202.13   9,515.70
23   57,381.23   0.00
24   51,061.53   0.00
25   44,200.27   0.00
26   36,751.70   0.00
27   28,663.52   0.00
28   19,882.93   0.00
29   10,349.92   0.00
30   8.42   0.00
 
     
 
Final Summary    
 
Mortgage Payment if paying    
     Monthly: $ 901.52
     Bi-Weekly: $ 450.76
 
Years Before payoff of loan if using    
     Monthly:   30 yrs
     Bi-Weekly:   22 yrs
 
     
 
Explanation

Usually a Bi-Weekly payment will result in a shortened loan period and save quite a bit of interest.

The accuracy and use of this calculator is not guaranteed.
 
     
 
Mortgage Tools
Mortgage Calculators Mortgage Calculators
Better understand your
loan options using
mortgage calculators!
Click Here Mortgage Calculators
Mortgage Glossary Mortgage Glossary
Become more familiar with
all the terms used in the
Loan Process
Click Here Mortgage Glossary
Contact Us
Southern Trust Mortgage Corporate Office
ph. 800-748-2147
Contact send email
Apply Now
HUD Logo Home | Privacy Policy | Site Security | Contact
© 97-2010 Virtual Lender ®