Bi-weekly Withdraw for an Existing Mortgage

This calculator shows you possible savings by using an accelerated bi-weekly mortgage withdraw. By setting aside 1/2 your monthly payment every two weeks, you will make half an extra payment two times a year when monthly payments are made. Each year your mortgage company will receive the equivalent of 13 monthly payments instead of 12. This simple technique can shave years off your mortgage and save you thousands of dollars in interest.

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For more information about these these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.