Bi-Weekly Vs. Monthly Loan Calculator
This calculator will help you to compare the costs between a loan that is paid off on a bi-weekly payment basis and a loan that is paid off on a monthly basis.

Enter the principal balance owed:
(call your lender and ask for the current payoff amount)
Enter the annual interest rate percentage:
Enter the number of months:
Here is your monthly payment amount:
Here is your bi-weekly payment amount:
This is how much interest you will pay using monthly payments:
This is how much interest you will pay using bi-weekly payments:
Bi-weekly Mortgage Interest Savings: