Mortgage PWA

Biweekly Mortgage Calculator

United States

Monthly payment

$3,058

Biweekly

$2,089

Price & down payment

Taxes, insurance, and fees

Extra payments

Payment schedule

FAQs

Biweekly Mortgage Calculator — frequently asked questions

Straight answers about taxes, PMI, extra payments, and biweekly schedules.

How does the biweekly schedule save interest?+

Biweekly payments create 26 half-payments, which equals 13 full payments each year. The extra payment reduces the balance faster, lowering interest charged in later periods.

Do lenders accept biweekly payments automatically?+

Many servicers support biweekly drafts, while others require you to self-manage. The calculator shows the math so you can decide if the savings justify the effort or fees.

Are taxes and insurance included in biweekly totals?+

Yes. Escrow amounts are divided evenly across the year so your biweekly estimate includes property tax, insurance, HOA dues, and other costs.

Can I add extra payments on top of biweekly?+

Absolutely. Add monthly, annual, or one-time extras and we will show the combined impact on payoff date, PMI duration, and total interest paid.

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