Calculators  /  Bi-weekly mortgage calculator

Can making payments fortnightly instead of monthly reduce borrowing costs and reduce the term of the loan. This calculator can help. Over a 12 month period, paying fortnightly means you'll also be making one extra payment towards reducing your loan. Note: the calc doesn't take into account specific loan structures, bank fees etc..

Bi-weekly mortgage calculator
Total Home Loan Amount: $
Annual Interest Rate: %
Term of the Loan: years
Start Date of Mortgage:

Tool by Mortgage Calculators Plus Important: Always consult a financial professional before making financial decisions.