Mortgage 101 - Bi-Weekly Mortgage Calculator
   
 
This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year--without hardly noticing the additional cash outflow. But, as your about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule!

Enter the principal balance of your mortgage
(call your mortgage lender and ask for the current payoff amount):
Enter the amount of your monthly mortgage payment:
(principal and interest portion only):
Enter the your mortgage's current interest rate:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay if you switch to a bi-weekly mortgage payment plan:
Bi-weekly Mortgage Interest Savings:
Copyright © 1997-2007 Web Winder Site Traffic Magnets. All rights reserved.


My mortgage team and I remain up-to-date with the various mortgage rates, options,  loan choices and alternatives and is an invaluable resource for any home buyer or home owner who is considering refinance.

We are committed to providing you with mortgage services that exceed your expectations.


  I'm Ready To Get Started...

Name *
Address
City
State
Zip *
E-mail Address: *
Phone
Type of Financing
Special requirements or additional comments

* Required Powered by myContactForm.com


   

    Loan Calculators

Loan Categories

Mortgage Insurance

Best Rate For Me?

How To Qualify For A Home Loan

Should I lock The Rate?

The Best Time To Refinance?

If I Am Turned Down For A Loan?

What Is A Buy-Down

Adjustable Rate Mortgage

Understanding APR
 
 
 Suggestions/Feedback?

Home | Mortgage | Selling? | Buying? | Credit Issues? | Join Our Team | Newsletter | About Me | Contact | Sitemap

 Copyright © 2007 Scott Ivey. All rights reserved.
 
This calculator is designed to be an informational and educational tool only, and when used alone, does not constitute investment, financial, or tax advice. We strongly recommend that you seek the advice of a professional before making any type of financial decisions. We also encourage you to review your investment strategy periodically as your financial circumstances and the tax laws change. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual performance of your own investments. We are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by this calculator. Do NOT rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.