FSBO Resources: 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!

Bi-Weekly Mortgage Calculator 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 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: Calculator provided by Web Winder Site Traffic Magnets. Copyright © 1997-2006. All rights reserved.

This calculator is provided for illustrative purposes only and it is not meant to represent any specific real estate markets. The interest rates used here are hypothetical and the calculated values will vary with each actual mortgage scenario. The calculated results are not guaranteed to be accurate and are in no way endorsed by Private-Listings.com