Hello guys!
Do you know what is the meaning of bi-weekly payments of Mortgage? This is proving as a very interesting and helping way for many mortgage people. This is a way to pay less interest on your home loan and pay off your loan early. It means you can pay your monthly payment in two installments as you would be able to pay half monthly payments after two weeks. In this way you will pay 24 installments in year instead of paying 12 full payments. With this you can pay off your loan six to eight years early.
To calculate how much interest you can save in bi-weekly payments and in how much time you can save, check Bi-weekly Calculator. By just putting amount, interest rate and time span, it will show you the results of how much money you can save from your interest and taxes and number of years saved. The result show you the clearly difference between paying standard loan or bi-weekly loan.
To use Bi-weekly calculator, Click on to http://eaglenationwidemortgagetx.com/calculators/standard-vs-be-weekly-calculator.php
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