Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

16
Posts
7
Votes
Vaughan Moody
  • Rental Property Investor
  • Corona, CA
7
Votes |
16
Posts

Calculator available to show mortgage term reduction ?

Vaughan Moody
  • Rental Property Investor
  • Corona, CA
Posted

Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two weeks, instead of paying the monthly amount once a month?

Thanks in advance!

Most Popular Reply

User Stats

21,465
Posts
19,003
Votes
Chris Seveney
  • Investor
  • VA
19,003
Votes |
21,465
Posts
Chris Seveney
  • Investor
  • VA
ModeratorReplied
Quote from @Vaughan Moody:

Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two weeks, instead of paying the monthly amount once a month?

Thanks in advance!


 google bimonthly mortgage payment calculator

  • Chris Seveney
business profile image
7e investments
5.0 stars
3 Reviews

Loading replies...