Homes for Sale Listings - Ann Arbor MI Real Estate Area

Marian Gregor, Real Estate Agent, REALTOR® in Ann Arbor, Michigan

 

    
   
Buyers Sellers Home Search Investors
Ann Arbor   Saline   Dexter   Chelsea   Manchester   Ypsilanti   Milan   Pinkney

Bi-weekly Payment Calculator

This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year -- without hardly noticing the additional cash outflow. But, as you're about to discover, you will certainly notice the "increased" cash flow that will occur when you pay your mortgage off way ahead of schedule!

Note:  When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.

Return to Mortgage Calculators


Principal balance of your mortgage:
(ask your lender for the current payoff amount)  




Amount of current monthly mortgage payment:

Current mortgage interest rate:



Interest you will pay with current monthly payments:

Interest you will pay with bi-weekly payments:

Bi-weekly Mortgage Interest Savings:


Summary:

  


 

Return to Mortgage Calculators
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not 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.