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Length of Loan:
Years
Interest Rate:
%
Loan Amount:
$
Annual Property Tax:
$
Annual Insurance:
$
Monthly Principal + Interest:
Monthly Tax:
Monthly Insurance:
Total Payment:
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Home Purchase Price:
$
Mortgage Term:
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Interest Rate:
%
% Down
Down Payment
Monthly Payment
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1%
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5%
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20%
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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.
Principal balance of your mortgage:
$
Monthly mortgage payment:
$
Mortgage interest rate:
%
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Interest paid under current monthly payment plan:
Interest paid with a bi-weekly payment plan:
Bi-weekly Mortgage Interest Savings:
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