Mortgage Prepayment Calculator
Biweekly Payments Applied Monthly
Who This Calculator is For: Borrowers who want to know when their loan will pay off,
and how much interest they will save, if they shift to a biweekly payment plan,
and if they make extra voluntary payments in addition to their required biweekly payment.
What This Calculator Does:This calculator provides amortization schedules for
biweekly payment mortgages, with or without additional payments,
where the payments are applied monthly.
DO NOT USE DOLLAR SIGNS ($), COMMAS (,) PLUS OR MINUS SIGNS ( + / - )
OR PERCENTAGE SIGNS (%) IN ANY INPUT BOXES
Read What the Mortgage Professor Says About Paying Off Early