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| Bi-Weekly Mortgage Calculator |
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This calculates how much you will pay over the life of the loan when paying bi-weekly. |
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| Your Results |
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(Principal Remaining after each year if paying). |
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| Year |
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Monthly Payment |
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Bi-Weekly Payment |
| 1 |
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119,046.23 |
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118,144.71 |
| 2 |
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118,010.73 |
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116,130.44 |
| 3 |
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116,886.50 |
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113,943.56 |
| 4 |
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115,665.93 |
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111,569.28 |
| 5 |
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114,340.77 |
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108,991.55 |
| 6 |
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112,902.50 |
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106,192.92 |
| 7 |
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111,340.40 |
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103,154.48 |
| 8 |
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109,644.18 |
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99,855.66 |
| 9 |
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107,803.0 |
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96,274.16 |
| 10 |
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105,804.40 |
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92,385.76 |
| 11 |
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103,633.79 |
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88,164.14 |
| 12 |
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101,277.57 |
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83,580.77 |
| 13 |
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98,719.44 |
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78,604.64 |
| 14 |
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95,942.90 |
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73,202.10 |
| 15 |
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92,926.75 |
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67,336.60 |
| 16 |
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89,653.20 |
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60,968.47 |
| 17 |
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86,098.75 |
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54,054.65 |
| 18 |
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82,239.92 |
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46,548.36 |
| 19 |
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78,050.40 |
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38,398.84 |
| 20 |
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73,501.89 |
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29,550.98 |
| 21 |
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68,563.59 |
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19,944.92 |
| 22 |
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63,202.13 |
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9,515.70 |
| 23 |
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57,381.23 |
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0.00 |
| 24 |
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51,061.53 |
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0.00 |
| 25 |
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44,200.27 |
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0.00 |
| 26 |
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36,751.70 |
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0.00 |
| 27 |
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28,663.52 |
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0.00 |
| 28 |
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19,882.93 |
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0.00 |
| 29 |
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10,349.92 |
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0.00 |
| 30 |
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8.42 |
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0.00 |
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| Final Summary |
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| Mortgage Payment if paying |
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| Monthly: |
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901.52 |
| Bi-Weekly: |
$ |
450.76 |
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| Years Before payoff of loan if using |
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| Monthly: |
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30 yrs |
| Bi-Weekly: |
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22 yrs |
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| Explanation |
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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.
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Free Information
