Bi-Weekly Payments
Pay it off faster
Bi-weekly payment calculator
Loan amount
$
Interest rate
%
Loan term
First payment date
Bi-weekly payment
$0
every two weeks
Interest saved$0
Paid off sooner—
Bi-weekly payoff—
Monthly payoff—
Estimate only, principal & interest. Each bi-weekly payment is half your monthly payment; 26 of them per year equals 13 monthly payments, so one extra payment a year goes to principal. Confirm your lender applies bi-weekly payments to principal (some hold them and pay monthly) and allows no prepayment penalty. Not a loan offer.