A BiWeekly Mortgage Calculator shows you How to Save Thousands!

By using a biweekly mortgage calculator you can quickly determine exactly how much money, and time, you could potentially shave off your mortgage.

Never heard of the concept of a biweekly mortgage program?
The idea of a biweekly mortgage program has become so popular it has even been endorsed in many well known and respected financial magazines and newspapers such as The Wall Street Journal, Money Magazine and The New York Times!

The Biweekly Mortgage Calculator Concept.
The theory behind a biweekly mortgage is amazingly simple. Using your current monthly mortgage payment, you divide it in half and then instead of making your regular monthly mortgage payment you pay the divided amount every two weeks.

The result?
In the end you will in essence make one extra payment each year. That payment is then applied against the principal of your mortgage and the total interest paid over the life of your mortgage is reduced!

By how Much?
On average you can pay off your mortgage loan approximately 7 years sooner!
Some other benefits that a biweekly mortgage calculator can show you are:

• Lower the amount of interest you pay over the life of your loan
• Get rid of mortgage insurance sooner
• Build equity in your home at a faster rate

This bi-weekly mortgage calculator has some more explanations on how your savings is figured.