Bi-Weekly vs. Monthly Payment Savings
Quick Summary
See how switching to bi-weekly payments benefits you:
Your Monthly Mortgage Payment
This is the amount you pay each month toward your mortgage.
Your Bi-Weekly Mortgage Payment
This is the amount you pay every two weeks toward your mortgage.
Interest Saved with Bi-Weekly Payments
Total interest you save over the life of the loan by paying bi-weekly instead of monthly.
How Much Sooner You’ll Be Mortgage-Free
Amount of time taken off your loan term when you switch to bi-weekly payments.
Remaining balance over each payment