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Wednesday, February 22, 2012, 11:35 AM

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Accelerated Bi-weekly Mortgage vs Monthly Mortgage

Principal

You can also specify:

Interest Rate (%)

Annual Taxes

Loan Term in Years

Annual Insurance
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Bi-weekly Taxes 
Monthly Taxes 
Bi-weekly Insurance 
Monthly Insurance 
Bi-weekly Mortgage 
Monthly Mortgage 
Total Bi-weekly Payment 
Total Monthly Payment 
Bi-weekly Payments (1 yr) 
Monthly Payments (1 yr) 
Actual Amortization 
Actual Amortization 
Total Bi-weekly Interests 
Total Monthly Interests 
Total Bi-weekly Loan Cost 
Total Monthly Loan Cost 
Interest savings: 
(with an accelerated bi-weekly mortgage.)
The above is for illustrative purposes only. U.S. Rates compounded each period.
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