Compare Monthly vs. Bi–weekly
Save more by making one half of your mortgage payment every two weeks. Paying every 2 weeks causes you to make 3 payments a month for 2 months out of the year. These extra payments amount to the equivalent of 13 annual payments in a very painless way but did you know that making this one extra principal payment each year can pay off a 30 year loan in approximately 22.5 years!
Monthly versus Bi-weekly Comparison