answersLogoWhite

0

Bi-weekly Mortgage Calculator

Updated: 9/16/2019
User Avatar

Wiki User

13y ago

Best Answer

Bi-weekly Mortgage Calculator

This calculator shows you possible savings by using an accelerated bi-weekly mortgage payment. By paying _ your monthly payment every two weeks, each year your mortgage company will receive the equivalent of 13 monthly payments instead of 12. This simple technique can shave years off your mortgage and save you thousands of dollars in interest.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Bi-weekly Mortgage Calculator
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can I find a bi-weekly mortgage calculator on the web?

This free online Biweekly Mortgage Payment Calculator will calculate the bi-weekly payment and the time and interest savings that will occur if you switch from .


What is every 2 weeks?

biweekly. (As in - Biweekly mortgage payments).


How many calculators are offered on the Nationwide Mortgage Calculator site?

There are four calculators offered on the Nationwide Mortgage Calculator site. The calculators offered are the Rent vs. Buy calculator, a mortgage refinance calculator, a fixed mortgage calculator, and adjustable mortgage calculator.


What is the purpose of a mortgage calculator?

There are many reasons that one might use a mortgage calculator when looking for a mortgage loan. The main purpose of a mortgage calculator is to determine the worth of a mortgage loan.


Where can one find a mortgage calculator for interest only?

An online website called Bankrate provides a mortgage calculator for interest only. 'Good Mortgage' and 'Mortgage Calculator' also are good places to find a mortgage calculator for interest only.


What exactly is a simple mortgage calculator?

A simple mortgage calculator is a device which will calculate mortgage figures. A mortgage calculator may also be an accountant who derives the figures through accounting.


What is a mortgage approval calculator used for?

A mortgage calculator is to calculates what your mortgage will be monthly. It is a very easy and fast way of knowing if you can afford your mortgage. You will be able to find a mortgage calculator by going to http://www.mortgagecalculator.org/


Will a mortgage calculator help you determine your mortgage payment?

A mortgage calculator will definitely help you determine your mortgage payment. The calculator will help you decide what mortgage is right for you by allowing you to see what types are out there and the current interest rate.


Reverse Mortgage Calculator?

Reverse Mortgage Calculator Use this calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.


What is the difference in a heloc mortgage calculator and a regular mortgage calculator?

A heloc calculator helps you determine the costs of a possible home equity line of credit. A regular mortgage calculator helps you determine how much a mortgage on a home will cost.


Where can I compare mortgage rates?

To compare mortgage you can go to websites that have mortgage calculators, you would just search mortgage calculator. With a mortgage calculator you can easily compare mortgage rates.


Where can you find a rbs mortgage calculator?

You will be able to find a RBS mortgage calculator at the RBS online web site. The calculator will calculate your monthly mortgage costs from the mortgage amount and length of years it is.