Connect With Us

twitter.png
youtube.png
linkedin.png
facebook.png






paying mortgage bi-weekly

What about splitting my mortgage in two and paying bi-weekly?

Some people set on paying off their home loan early and reducing interest charges opt for a biweekly mortgage. Monthly payments are divided in half, payable every two weeks.
Because there are 52 weeks in a year, the program results in 26 half-payments, or the equivalent of 13 monthly payments per year instead of 12. Using the biweekly payment system, a homeowner with a $70,000, 30-year biweekly mortgage at 10 percent interest could save $60,000 in interest and pay off the balance in less than 21 years.


Questions about Lancaster County Real Estate?

Ask us below or Call us Now at (717)735-8308
First Name*
Last Name*
Email*
Phone
Question / Comments
 
 
< Prev   Next >
forclosures2.gif

Contact Information

Brandon Clark, GRI, ABR, CSP
Coldwell Banker Select Professionals
1000 North Prince Street
Lancaster, Pa, 17603
Office: (717)735-8308
Cell: (717)682-7353
Fax: (717)283-4535

Payment Estimator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
$
Monthly payment:
$

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!
RSS