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.

 
     
 
  Contact Info
Wanda J Norge
Mortgage Consultant

phone. 303-419-6568 


Mortgage Tools
Mortgage Glossary
Mortgage Glossary
Become more familiar with all the terms used in the Loan Process Click Here
Mortgage Calculators
Mortgage Calculators
Better understand your loan options using mortgage calculators!
Click Here
     
 
 
 
Home | Privacy Policy | Site Security | Contact
 
EQUILANE LENDING, LLC 3190 S Wadsworth Blvd Suite 200 , Lakewood, CO 80227
Equal Housing Opportunity
LN: MB100018754, NMLS: 280102