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Florida Bi-Weekly Payment Calculator

The bi-weekly mortgage calculator is designed to allow our Florida Mortgage clients to see first hand the benefits of making a mortgage payment under a bi-weekly schedule can have on the terms of a 30 year loan. The typical borrower can reduce the effective rate of interest paid over the life of a 30 year loan by up to 1% or more. That's right! Making your mortgage payment on a bi-weekly schedule not only cuts years off your loan, it will save you tens of thousands of dollars and can, in effect, reduce your interest rate without your ever having to refinance. Need help? Need Answers? Give us a call at 1-800-570-0448 or just use our quick application for more information.

Note: When entering information into the data fields for this Calculator, only use numbers and applicable decimal points.

 
Enter the principal balance of your loan:
Enter the amount of your monthly loan payment:
Enter your loan's current interest rate:
Total interest you will pay under your current monthly payment plan:
Months to pay off your loan under your current monthly payment plan:
Total interest you will pay using a biweekly payment plan:
Months to pay off your loan with a biweekly payment plan:
Biweekly Payment Interest Savings:
Biweekly Payment Time Savings (# of Months):