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Bi-Weekly Mortgage Payment Calculator

Calculate the payment amount for a bi-weekly (every 2 weeks) mortgage loan. Bi-Weekly mortgages may work well if you get paid every 2 weeks (i.e. every other Friday) and want to make a payment on your home each payday instead of just once a month. Note that this is a true bi-weekly calculation amortized over the length entered. It is not necessarily the same as paying half a monthly mortgage payment every 2 weeks, which would pay the loan sooner than its original length. Enter your sale price, any down payment you're making, the interest rate and the length of the loan. This calculator will then show you the bi-weekly principal and interest payment, the total amount of interest you will pay and the total amount of money you will spend over the life of the loan. You can also enter the points and other closing costs and roll those into your loan. You can even enter an additional payment amount you intend to add to each bi-weekly payment to work down your principal and the calculator will show you the anticipated payoff time. You can display and/or print the amortization schedule for your loan.

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Popup

Copy this text to popup the calculator in its own window. It is important to use your Account Number instead of 1 as shown in this example.

view
<script language="JavaScript" type="text/javascript">
<!--

//Bi-Weekly Mortgage Payment
function BiWeeklyMortgagePayment()
{
  window.open('http://www.webcalcsolutions.com/Mortgage-Calculators/Bi-Weekly-Mortgage-Payment.asp?AcctNum=1', '_blank', 'width=585,height=640,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}

-->
</script>
<i>Payment Calculators</i><br>
<a href="javascript:BiWeeklyMortgagePayment();">Bi-Weekly Mortgage Payment</a><br>
<br>
<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>


Embedded

Copy this text to embed the calculator in your webpage.It is important to use your Account Number instead of 1 as shown in this example.

view
<iframe src="http://www.webcalcsolutions.com/Mortgage-Calculators/Bi-Weekly-Mortgage-Payment.asp?AcctNum=1" width="585" height="640" frameborder="0" scrolling="auto"><a href="http://www.webcalcsolutions.com/Mortgage-Calculators/Catalog.asp" target="_blank">Bi-Weekly Mortgage Payment Calculator</a></iframe>
<br>
<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>


Customizable Field Values

You can customize the following field values for this calculator. When the calculator runs it will have the values you set for these fields. It is important to use your Account Number instead of 1 as shown in this example.

Bi-Weekly Mortgage Payment    view
Bi-Weekly Mortgage Payment Calculator's
Customizable Fields
Screen Name Parm Name Parm Value Used in this Example
Title Title Mr. & Mrs. O'Riley
Lender Lender AAA Money Lenders
Sale Price SalePrice 160,000.00
Down Payment DownPmt 8,000.00
Interest Rate IntRate 6.25
Length of Loan Length 360
Years/Payments (drop-down) LengthPrd Payments
Additional Principal AddPrin 100.00
Points Points 1.0
Points Roll into Loan (checkbox) RollPoints True
Other Closing Costs ClosingCosts 3,500.00
Other Closing Costs Roll into Loan (checkbox) RollClosing True

View Customized Calculator
<script language="JavaScript" type="text/javascript">
<!--
//Bi-Weekly Mortgage Payment
function BiWeeklyMortgagePayment()
{
  window.open('http://www.webcalcsolutions.com/Mortgage-Calculators/Bi-Weekly-Mortgage-Payment.asp?AcctNum=1&' +
    'Title=Mr. %26 Mrs. O%27Riley&Lender=AAA Money Lenders&SalePrice=160,000.00&' +
    'DownPmt=8,000.00&IntRate=6.25&Length=360&LengthPrd=Payments&AddPrin=100.00&' +
    'Points=1.0&RollPoints=True&ClosingCosts=3,500.00&RollClosing=True',
    '_blank',
    'width=585,height=640,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}

-->
</script>
<a href="javascript:BiWeeklyMortgagePayment();">Bi-Weekly Mortgage Payment</a><br>
<br>
<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>

Our examples have special characters (& or ') that must be encoded to be interpreted properly by the browser. If the customized text you want to use has any of these characters (&, ' [apostrophe or single-quote], #, ?, ", \ or %) we have provided this Encode tool so you can see how to type it into your script. Enter your customized text then select 'Encode'. The encoded text will show up in the lower box and can be copied and pasted directly into your script.



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