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Bi-Weekly Mortgage Calculator
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This calculator will show you how much you can potentially save if you make ½ 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.
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Enter the principal balance of your mortgage:
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Enter the amount of your monthly mortgage payment:
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Enter your mortgage's current interest rate:
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Interest you will pay under your current monthly payment plan:
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Interest you may pay if you switch to a bi-weekly mortgage payment plan:
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Bi-weekly Mortgage Potential Interest Savings:
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