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Biweekly Mortgage Calculator

Time and interest saved by paying biweekly instead of monthly.

See how much earlier you could pay off your mortgage and how much interest you would save by switching from monthly to biweekly payments.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

$
%
years

Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

Biweekly payments equal half the monthly payment, taken every two weeks (26 per year). That works out to one extra monthly payment a year, applied directly to principal.

In depth

See how much earlier you could pay off your mortgage and how much interest you would save by switching from monthly to biweekly payments.