Standard vs. bi-weekly

Have you heard that bi-weekly payments can significantly decrease the time of mortgage payout? It's true, check it out with this calculator.

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Input Information
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Years)
Your Tax Rate
Tax Rate : (%)
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Show Schedule Table
Financial Analysis
  Standard Bi-Weekly
Length : 30 Yrs 0 Mts 25 Yrs 5 Mts
Time Saved : 4 Yrs 7 Mts
Monthly Payment : $1,304.12 $1,412.79
Total Interest Paid : $219,482.60 $180,208.11
Interest Savings : $39,274.49
Tax Savings : $57,065.48 $46,854.11
Tax Saving Losses : $10,211.37
Total Benefits : $29,063.12

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