Pay off Your Mortgage Faster
Making a twice-a-month mortgage payment saves you significant interest over the term of the loan, and shortens the loan term.
Example: for a 30-year home loan of $100,000
Bi-weekly instead of monthly payments save 6 years, 1 month of payments, and $30,463 in interest!
All calculations based on a 30-year amortized mortgage at 6.5% APR. This rate is subject to change.
APR = Annual percentage rate