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Updated 8 months ago on . Most recent reply

Vaughan Moody's profile image
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Vaughan Moody
  • Rental Property Investor
  • from Corona, CA
  • Member since May 11, 2015
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Vaughan Moody
  • Rental Property Investor
  • from Corona, CA
  • Member since May 11, 2015
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Vaughan Moody
  • Rental Property Investor
  • Corona, CA
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Personal Finance

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!

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Chris Seveney
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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

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