Bi-Weekly Payment Calculator

Calculate savings from bi-weekly mortgage payments vs monthly payments.

Loan Details

$
%
years
$

How it works: Bi-weekly payments result in 26 half-payments per year, which equals 13 full monthly payments instead of 12. This extra payment goes directly toward principal.

Interest Saved with Bi-Weekly

$88,122

Pay off 5.8 years earlier

Monthly Payment
$1,896
Bi-Weekly Payment
$948

Payment Comparison

Monthly Payments30 years 0 months
Bi-Weekly Payments24 years 2 months

Annual Payment Summary

Monthly Plan (12 payments)$22,754/year
Bi-Weekly Plan (26 payments)$24,651/year
Extra Annual Payment$1,896

Total Interest Paid

Monthly Payments$382,633
Bi-Weekly Payments$294,512
You Save$88,122