Biweekly Mortgage Savings Calculator

Biweekly Mortgage Calculator Instructions:

Use this calculator to compare your current monthly mortgage schedule to a biweekly payment plan. See how much faster you can pay off your loan and how much interest you can save:

1. Loan Amount: The original amount of the loan.
2. Interest Rate: The annual interest rate of the loan.
3. Loan Term: The original term of the loan in years and months.
4. Loan Start Date: The date when the loan was first taken out.
5. Remaining Balance: The current remaining balance of the loan.
6. Extra Monthly Payment: Any additional monthly payment you are making towards the loan.
7. Lump Sum Payment: Any lump sum payment you wish to make towards the loan.