Bi-weekly Mortgage Calculator
- Includes Amortization Schedule
Biweekly Mortgage Calculator calculates many different payment frequencies: weekly (52 payments per year), bi-weekly (26 payments per year), semi-monthly (24 payments per year), monthly (12 payments per year), bi-monthly (6 payments per year), quarterly (4 payments per year), semi-annual (2 payments per year), and annually (1 payment per year). See how paying at varying frequencies affects your principal mortgage balance. Calculate how many bi-weekly mortgage payments must be made before your loan is paid off. See how much faster your loan could be paid off with a biweekly mortgage.
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You can examine your principal balances by payment, total of all payments made, and total interest paid. You may also email the results by clicking on the three-line icon in the upper right hand corner of the mortgage calculator.
*NOTE* This calculator doesn't figure principal prepayments. Trying to pay off mortgage early? You may also be interested in the Early Mortgage Payoff Calculator.