Biweekly Mortgage Calculator

Mortgage Prepayment Calculator

Being proactive in paying off your mortgage can pay off in the long run—literally.

When you use an accelerated biweekly mortgage payment schedule, you could speed up your mortgage payoff by a lot! Use this calculator to see how much you could save with this simple trick.

 

Breaking a monthly mortgage payment into 2 bi-weekly payments can shave thousands in interest payments off your mortgage (and yes, it’s totally legal!) Use this calculator to see how much you could save over the life of your mortgage.

 

This calculator is for educational purposes only and is intended as a resource to help you compare mortgage options. Accuracy is not guaranteed. All loans are subject to credit approval.

 

Grow your mortgage smarts

First Mortgage Direct is here to help de-mystify mortgages. Check out our learn section for more tips, tricks, and mortgage know-how!

 

Education Center

First Mortgage Direct
9237 Ward Parkway Suite 300
Kansas City, MO 64114

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.