Finance Tools
Biweekly Mortgage Calculator
Compare a standard monthly mortgage schedule with a biweekly payment schedule and see how much interest and time you can save.
Compare a standard monthly mortgage schedule with a biweekly payment schedule and see how much time and interest you can save.
How to use this biweekly mortgage calculator
- Enter your mortgage loan amount.
- Enter the annual interest rate on the loan.
- Enter the loan term in years.
- Click Calculate to compare standard monthly payments with a biweekly schedule.
Example
For a $300,000 mortgage at 6% over 30 years, this calculator shows:
- The regular monthly payment amount.
- The biweekly payment amount.
- How many years and months it takes to pay off the loan with biweekly payments.
- How much interest you save and how many months sooner you pay off the mortgage.
More tools in Finance Tools
- Mortgage Payment Frequency Calculator
Compare mortgage payments across payment frequencies such as monthly, biweekly, weekly, and accelerated schedules.
- Mortgage Extra Payment Calculator
See how extra mortgage payments can reduce your payoff time and total interest. Compare your current schedule vs. extra payments.
- Amortization Calculator
Generate a full amortization schedule with monthly principal and interest breakdown.
- Refinance Calculator
Compare your current mortgage with a new refinance offer and see monthly savings, total interest saved, and breakeven point.