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Standard Mortgage |
Biweekly Mortgage |
Monthly Payment: |
$851.68 |
Monthly Payment: |
$922.66 |
Total Interest: |
$156,606.06 |
Total Interest: |
$126,336.81 |
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Yearly Payment: |
$10,220.20 |
Yearly Payment: |
$11,071.89 |
Loan length: |
30 Year(s) 0 Month(s) |
Loan length: |
25 Year(s) 1 Month(s) |
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Savings on Interest: |
$30,269.26 |
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Time Saved: 4 Year(s) 11 Month(s) |
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Instructions |
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This calculator performs a comparison between loans with monthly vs. bi-weekly loan payments.
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Disclaimer: We cannot guarantee the accuracy of this calculator. You should check with your finance provider before entering into any contracts. |