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Biweekly Mortgage Payment

Accelerate your mortgage payoff and reduce total interest with a Biweekly Mortgage Payment Calculator. This powerful tool helps you understand how switching from monthly to biweekly payments can save you thousands of dollars and shorten your loan term without increasing your monthly budget.



Biweekly Mortgage Calculator



Bird on branch

What is Biweekly Mortgage Payment Calculator

A Biweekly Mortgage Payment Calculator is a financial tool that shows how making payments every two weeks—rather than once a month—can significantly reduce the life of your mortgage and the total interest paid. Instead of making 12 full payments per year, a biweekly plan results in 26 half-payments, which adds up to 13 full payments annually. That extra payment goes straight toward your principal, which can accelerate the repayment schedule and save substantial money over time.

This calculator is ideal for homeowners looking to pay off their mortgage faster without increasing the burden of individual payments. It’s a smart option for those who receive biweekly paychecks, aligning cash flow with loan payments in a seamless and budget-friendly way.




How it works

Biweekly Mortgage Payment Calculator Works

The Biweekly Mortgage Payment Calculator works by taking your loan amount, interest rate, amortization period, and regular monthly payment, and then recalculating your repayment schedule based on a biweekly plan. Rather than doubling your payments, it simply splits your monthly mortgage payment in half and schedules it every two weeks. This results in 26 payments per year instead of 12—effectively making one extra monthly payment annually.

The calculator then estimates how much sooner you’ll pay off your mortgage and how much interest you’ll save. It provides a side-by-side comparison of your original loan schedule versus the accelerated biweekly plan. Even a modest mortgage can benefit significantly—cutting years off the loan term and saving thousands in interest charges. The tool is easy to use, offers instant results, and empowers you to make smarter long-term financial decisions.



Frequently Asked Questions

What is the main benefit of making biweekly mortgage payments Toggle
Biweekly payments help reduce your mortgage principal faster, leading to less interest paid and a shorter loan term—all without increasing your monthly budget.
How does one extra payment per year make such a big difference Toggle
That additional payment goes directly toward your principal balance, reducing it faster and decreasing the amount of interest you owe over time.
Is a biweekly payment plan right for everyone Toggle
It’s ideal for borrowers with steady biweekly income or those looking to pay off their mortgage early. However, not all lenders offer this option, so check first.
Will I pay more each month with biweekly payments Toggle
No. You’re simply splitting your monthly payment in two and paying it every two weeks. Over a year, it results in one extra payment—made gradually, not all at once.
Can this calculator work with adjustable-rate mortgages Toggle
Yes, though the savings estimate may vary if your interest rate changes. The calculator assumes a fixed rate unless specified otherwise.