Biweekly Mortgage Calculator
See how paying half your mortgage every two weeks shortens the loan.
Paid off in
22 yr
with biweekly half-payments
Monthly schedule
26 yr 9 mo
Time saved
4 yr 9 mo
Interest saved
$69,125
The 13th payment trick
Paying half the mortgage every two weeks makes 26 half-payments — 13 full payments a year instead of 12. That one extra payment, applied to principal, typically cuts 4–6 years and tens of thousands in interest from a 30-year loan.
Do it yourself, free
Some servicers charge for biweekly programs. The identical effect costs nothing: divide your payment by 12 and add that amount to each monthly payment marked 'apply to principal' — same 13 payments a year, no enrollment fee, and you can stop anytime.
Frequently asked questions
- How does the Biweekly Mortgage Calculator work?
- See how paying half your mortgage every two weeks shortens the loan.
- Is the Biweekly Mortgage Calculator free to use?
- Yes. The Biweekly Mortgage Calculator is completely free, runs entirely in your browser, and requires no account or sign-up. Your inputs never leave your device.
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