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Bi-weekly mortgage payment savings calculator
Interest saved and years cut off a mortgage by paying half every two weeks.
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- Works on any device
About Bi-weekly mortgage payment savings calculator
Shows the interest saved and years cut from a mortgage by paying half the monthly payment every two weeks. Because there are 52 weeks, that makes 26 half payments, equal to 13 full payments a year instead of 12. The extra payment goes straight to principal.
How to use Bi-weekly mortgage payment savings calculator
- Enter your numbers above.
- The result updates instantly as you type.
- Change any value to compare different cases.
Why use this tool?
- Private: everything happens in your browser. Nothing you enter is uploaded.
- Free, with no sign-up, no watermark and no limit on how often you use it.
- Works on phones, tablets and computers: Android, iPhone, Windows, Mac and Linux. Nothing to install.
- Available in 10 languages.
Also known as
Frequently asked questions
Does bi-weekly really beat monthly payments?
Yes, but only because it adds one extra monthly payment per year. You can get the same effect by adding one twelfth of your payment to each monthly one.
Is Bi-weekly mortgage payment savings calculator free?
Yes. Bi-weekly mortgage payment savings calculator on Toolipedia is free to use, with no sign-up and no watermark.
Is it safe to use?
Yes. Everything is worked out in your browser, and nothing you enter is sent to our server.
Does it work on my phone?
Yes. It works in any modern browser on Android and iPhone, as well as on tablets and computers. There's nothing to install.
Do I need an account?
No. Just open the page and use the tool. There's no sign-up and no email needed.