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Home > Commercial Online Calculators > Free Demo Index > Bi-Weekly Mortgage Calculator V2.1
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Bi-Weekly Mortgage Calculator V2.1

This calculator, one of the Mortgage Calculators in the Personal Finance Calculators section, is designed to help answer the question, "How much time and money will I save if I make bi-weekly payments on my mortgage?"

If you would like to install the Bi-Weekly Mortgage Calculator V2.1 on your website you have one of two options:

Option #1: You can install the calculator for free (see terms and conditions listed beneath the calculator).

Option #2: You can pay a small, one-time, commercial-use fee (see benefits listed beneath the calculator).

Either option will help you to attract new visitors to your website, as well as give your repeat visitors yet another reason to return more often.

Bi-Weekly Mortgage Calculator V2.1
This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year -- without hardly noticing the additional cash outflow. But, as you're about to discover, you will certainly notice the "increased" cash flow that will occur when you pay your mortgage off way ahead of schedule! But wait, this calculator will even show you what will happen if you go one step further by adding an additional amount of money to the monthly amount you're currently paying.

Current mortgage's beginning loan amount:
Current interest rate (%):
Original loan term (months):
Total monthly payment (including tax & insurance):
Number of payments already made:
Date next payment due:
Extra amount you could comfortably add to the payment each month:
Current mortgage payment less escrow:
Interest you've already paid:
Current approximate balance of your mortgage:
Results Current Current Plus Extra Bi-Weekly Bi-Weekly plus Extra
Mortgage payment:
Years to pay off:
Interest savings:
Monthly payments eliminated:
Total payment savings:
Equity after 5 years:
Equity after 10 years:
Balance due after years:
Results (continued) Current Current plus Extra Bi-Weekly Bi-Weekly plus Extra
Average monthly savings:
Average annual savings:
Equivalent interest rate:
Cash available after years:*
Payment Schedules:**
*Based upon a 10% yield of the money saved over the life of the loan.
**Payment schedules may take a while to appear -- depending on the speed of your computer and the number of payments remaining.
Bi-Weekly Mortgage Calculator V2.1, Copyright © 2004 - 2011, Daniel C. Peterson, All Rights Reserved.
Web Winder Website Services, Providing Online Calculators for Websites since 1997.

Free Installation Terms Benefits of a Commercial Use License
If you would like to install the Bi-Weekly Mortgage Calculator V2.1 on your site for free, please observe the following terms and conditions:
  • Free installations do not come with and free installation help or support.


  • The copyright and link to my site that appear at the end of the calculator must remain working and visible.


  • The copyright must remain commented into the javascript code.


  • The design and layout of the calculator must remain as is.
If you agree to abide by the above terms you are free to install a copy of this calculator on your website.
If you purchase a one-time commercial-use license for the Bi-Weekly Mortgage Calculator V2.1 (for as little as $5) you will gain the following benefits:
  • Free installation help and support.


  • Design one template that will be built into all calculators you license.


  • No need to include a link to my site.


  • Free access to future upgrades with your design already built-in.
To purchase a commercial-use license for the Bi-Weekly Mortgage Calculator V2.1 simply create a shopping cart and then visit the Online Calculator Store where you can add calculators to your shopping cart as you browse through the store. The calculator that is on this page can be found in the Personal Finance Calculators section, under the title, "Bi-Weekly Mortgage Calculator V2.1" (Product ID #122).

Return to Website Calculators Free Demo Index Page

Return from Bi-Weekly Mortgage Calculator V2.1 to Home Page



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Home > Commercial Calculators > Free Demo Index > Bi-Weekly Mortgage Calculator V2.1
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Home    Browse Calculators    Calculator License Prices    Help & Support    About Web Winder
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Copyright © 1997 - 2011 Web Winder Website Services, All Rights Reserved

Contact: Dan Peterson
P.O. Box 11
Bemidji, MN 56619
(218) 243-2263

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