Biweekly Payment Plan
Calculator

Interest saved

$30,434.56

Results

Interest saved: $30,434.56
Biweekly payment: $730.74
Total interest: $158,007.97
Number of payments: 559 mo

Balance and interest over time

Remaining balance
Interest paid to date

Payment schedule


1	730.74	249.97	480.77	249,750.03
2	730.74	250.45	480.29	249,499.58
3	730.74	250.93	479.81	249,248.65
4	730.74	251.41	479.32	248,997.24
6	730.74	252.38	478.36	248,492.96
7	730.74	252.87	477.87	248,240.09
8	730.74	253.35	477.38	247,986.74
9	730.74	253.84	476.90	247,732.90
10	730.74	254.33	476.41	247,478.57
11	730.74	254.82	475.92	247,223.76
13	730.74	255.80	474.94	246,712.65
14	730.74	256.29	474.45	246,456.36
15	730.74	256.78	473.95	246,199.58
16	730.74	257.28	473.46	245,942.30
17	730.74	257.77	472.97	245,684.53
18	730.74	258.27	472.47	245,426.26
20	730.74	259.26	471.48	244,908.24
21	730.74	259.76	470.98	244,648.48
22	730.74	260.26	470.48	244,388.22
23	730.74	260.76	469.98	244,127.46
24	730.74	261.26	469.48	243,866.19
25	730.74	261.76	468.97	243,604.43
27	730.74	262.77	467.97	243,079.39
28	730.74	263.28	467.46	242,816.11
29	730.74	263.78	466.95	242,552.33
30	730.74	264.29	466.45	242,288.04
31	730.74	264.80	465.94	242,023.24
32	730.74	265.31	465.43	241,757.93
34	730.74	266.33	464.41	241,225.78
35	730.74	266.84	463.90	240,958.94
36	730.74	267.35	463.38	240,691.59
37	730.74	267.87	462.87	240,423.72
38	730.74	268.38	462.35	240,155.33
39	730.74	268.90	461.84	239,886.43
41	730.74	269.94	460.80	239,347.08
42	730.74	270.45	460.28	239,076.63
43	730.74	270.97	459.76	238,805.65
44	730.74	271.50	459.24	238,534.16
45	730.74	272.02	458.72	238,262.14
46	730.74	272.54	458.20	237,989.60
48	730.74	273.59	457.15	237,442.94
49	730.74	274.12	456.62	237,168.82
50	730.74	274.64	456.09	236,894.18
51	730.74	275.17	455.57	236,619.01
52	730.74	275.70	455.04	236,343.31
53	730.74	276.23	454.51	236,067.08
55	730.74	277.29	453.44	235,513.02
56	730.74	277.83	452.91	235,235.19
57	730.74	278.36	452.38	234,956.83
58	730.74	278.90	451.84	234,677.93
59	730.74	279.43	451.30	234,398.50
60	730.74	279.97	450.77	234,118.53
62	730.74	281.05	449.69	233,556.97
63	730.74	281.59	449.15	233,275.38
64	730.74	282.13	448.61	232,993.25
65	730.74	282.67	448.06	232,710.57
66	730.74	283.22	447.52	232,427.36
67	730.74	283.76	446.98	232,143.59
69	730.74	284.85	445.88	231,574.43
70	730.74	285.40	445.34	231,289.03
71	730.74	285.95	444.79	231,003.08
72	730.74	286.50	444.24	230,716.58
73	730.74	287.05	443.69	230,429.53
74	730.74	287.60	443.13	230,141.92
76	730.74	288.71	442.03	229,565.06
77	730.74	289.27	441.47	229,275.79
78	730.74	289.82	440.91	228,985.97
79	730.74	290.38	440.36	228,695.59
80	730.74	290.94	439.80	228,404.65
81	730.74	291.50	439.24	228,113.15
83	730.74	292.62	438.12	227,528.47
84	730.74	293.18	437.55	227,235.29
85	730.74	293.75	436.99	226,941.54
86	730.74	294.31	436.43	226,647.23
87	730.74	294.88	435.86	226,352.35
88	730.74	295.44	435.29	226,056.91
90	730.74	296.58	434.16	225,464.31
91	730.74	297.15	433.59	225,167.16
92	730.74	297.72	433.01	224,869.44
93	730.74	298.30	432.44	224,571.14
94	730.74	298.87	431.87	224,272.27
95	730.74	299.44	431.29	223,972.83
97	730.74	300.60	430.14	223,372.21
98	730.74	301.18	429.56	223,071.03
99	730.74	301.75	428.98	222,769.28
100	730.74	302.34	428.40	222,466.94
101	730.74	302.92	427.82	222,164.03
102	730.74	303.50	427.24	221,860.53
104	730.74	304.67	426.07	221,251.78
105	730.74	305.25	425.48	220,946.52
106	730.74	305.84	424.90	220,640.68
107	730.74	306.43	424.31	220,334.26
108	730.74	307.02	423.72	220,027.24
109	730.74	307.61	423.13	219,719.63
111	730.74	308.79	421.95	219,102.64
112	730.74	309.39	421.35	218,793.25
113	730.74	309.98	420.76	218,483.27
114	730.74	310.58	420.16	218,172.69
115	730.74	311.17	419.56	217,861.52
116	730.74	311.77	418.96	217,549.74
117	730.74	312.37	418.36	217,237.37
119	730.74	313.58	417.16	216,610.82
120	730.74	314.18	416.56	216,296.64
121	730.74	314.78	415.96	215,981.86
122	730.74	315.39	415.35	215,666.47
123	730.74	315.99	414.74	215,350.48
124	730.74	316.60	414.14	215,033.88
126	730.74	317.82	412.92	214,398.85
127	730.74	318.43	412.31	214,080.41
128	730.74	319.04	411.69	213,761.37
129	730.74	319.66	411.08	213,441.71
130	730.74	320.27	410.46	213,121.44
131	730.74	320.89	409.85	212,800.55
133	730.74	322.12	408.61	212,156.92
134	730.74	322.74	407.99	211,834.18
135	730.74	323.36	407.37	211,510.81
136	730.74	323.99	406.75	211,186.83
137	730.74	324.61	406.13	210,862.22
138	730.74	325.23	405.50	210,536.98
140	730.74	326.49	404.25	209,884.64
141	730.74	327.11	403.62	209,557.53
142	730.74	327.74	403.00	209,229.79
143	730.74	328.37	402.36	208,901.41
144	730.74	329.00	401.73	208,572.41
145	730.74	329.64	401.10	208,242.77
147	730.74	330.91	399.83	207,581.60
148	730.74	331.54	399.20	207,250.05
149	730.74	332.18	398.56	206,917.87
150	730.74	332.82	397.92	206,585.05
151	730.74	333.46	397.28	206,251.60
152	730.74	334.10	396.64	205,917.50
154	730.74	335.39	395.35	205,247.37
155	730.74	336.03	394.71	204,911.34
156	730.74	336.68	394.06	204,574.66
157	730.74	337.32	393.41	204,237.33
158	730.74	337.97	392.76	203,899.36
159	730.74	338.62	392.11	203,560.74
161	730.74	339.93	390.81	202,881.54
162	730.74	340.58	390.16	202,540.96
163	730.74	341.24	389.50	202,199.72
164	730.74	341.89	388.85	201,857.83
165	730.74	342.55	388.19	201,515.28
166	730.74	343.21	387.53	201,172.07
168	730.74	344.53	386.21	200,483.67
169	730.74	345.19	385.55	200,138.48
170	730.74	345.86	384.88	199,792.62
171	730.74	346.52	384.22	199,446.10
172	730.74	347.19	383.55	199,098.92
173	730.74	347.86	382.88	198,751.06
175	730.74	349.19	381.54	198,053.34
176	730.74	349.87	380.87	197,703.48
177	730.74	350.54	380.20	197,352.94
178	730.74	351.21	379.52	197,001.73
179	730.74	351.89	378.85	196,649.84
180	730.74	352.56	378.17	196,297.27
182	730.74	353.92	376.82	195,590.11
183	730.74	354.60	376.13	195,235.51
184	730.74	355.28	375.45	194,880.22
185	730.74	355.97	374.77	194,524.25
186	730.74	356.65	374.09	194,167.60
187	730.74	357.34	373.40	193,810.26
189	730.74	358.71	372.02	193,093.52
190	730.74	359.40	371.33	192,734.12
191	730.74	360.10	370.64	192,374.02
192	730.74	360.79	369.95	192,013.24
193	730.74	361.48	369.26	191,651.76
194	730.74	362.18	368.56	191,289.58
196	730.74	363.57	367.17	190,563.13
197	730.74	364.27	366.47	190,198.86
198	730.74	364.97	365.77	189,833.89
199	730.74	365.67	365.07	189,468.22
200	730.74	366.38	364.36	189,101.85
201	730.74	367.08	363.66	188,734.77
203	730.74	368.49	362.24	187,998.49
204	730.74	369.20	361.54	187,629.28
205	730.74	369.91	360.83	187,259.37
206	730.74	370.62	360.11	186,888.75
207	730.74	371.34	359.40	186,517.41
208	730.74	372.05	358.69	186,145.36
210	730.74	373.48	357.25	185,399.11
211	730.74	374.20	356.54	185,024.91
212	730.74	374.92	355.82	184,649.99
213	730.74	375.64	355.10	184,274.35
214	730.74	376.36	354.37	183,897.99
215	730.74	377.09	353.65	183,520.90
217	730.74	378.54	352.20	182,764.55
218	730.74	379.27	351.47	182,385.28
219	730.74	380.00	350.74	182,005.28
220	730.74	380.73	350.01	181,624.56
221	730.74	381.46	349.28	181,243.10
222	730.74	382.19	348.54	180,860.90
224	730.74	383.66	347.07	180,094.31
225	730.74	384.40	346.34	179,709.91
226	730.74	385.14	345.60	179,324.77
227	730.74	385.88	344.86	178,938.89
228	730.74	386.62	344.11	178,552.26
229	730.74	387.37	343.37	178,164.89
230	730.74	388.11	342.62	177,776.78
232	730.74	389.61	341.13	176,998.32
233	730.74	390.36	340.38	176,607.96
234	730.74	391.11	339.63	176,216.85
235	730.74	391.86	338.88	175,824.99
236	730.74	392.61	338.12	175,432.38
237	730.74	393.37	337.37	175,039.01
239	730.74	394.88	335.86	174,250.01
240	730.74	395.64	335.10	173,854.37
241	730.74	396.40	334.34	173,457.96
242	730.74	397.16	333.57	173,060.80
243	730.74	397.93	332.81	172,662.87
244	730.74	398.69	332.04	172,264.18
246	730.74	400.23	330.51	171,464.49
247	730.74	401.00	329.74	171,063.49
248	730.74	401.77	328.97	170,661.72
249	730.74	402.54	328.20	170,259.18
250	730.74	403.32	327.42	169,855.86
251	730.74	404.09	326.65	169,451.77
253	730.74	405.65	325.09	168,641.25
254	730.74	406.43	324.31	168,234.83
255	730.74	407.21	323.53	167,827.62
256	730.74	407.99	322.75	167,419.63
257	730.74	408.78	321.96	167,010.85
258	730.74	409.56	321.17	166,601.29
260	730.74	411.14	319.60	165,779.80
261	730.74	411.93	318.81	165,367.87
262	730.74	412.72	318.02	164,955.14
263	730.74	413.52	317.22	164,541.63
264	730.74	414.31	316.43	164,127.32
265	730.74	415.11	315.63	163,712.21
267	730.74	416.71	314.03	162,879.60
268	730.74	417.51	313.23	162,462.09
269	730.74	418.31	312.43	162,043.78
270	730.74	419.11	311.62	161,624.66
271	730.74	419.92	310.82	161,204.74
272	730.74	420.73	310.01	160,784.01
274	730.74	422.35	308.39	159,940.13
275	730.74	423.16	307.58	159,516.97
276	730.74	423.97	306.76	159,092.99
277	730.74	424.79	305.95	158,668.20
278	730.74	425.61	305.13	158,242.60
279	730.74	426.42	304.31	157,816.17
281	730.74	428.07	302.67	156,960.86
282	730.74	428.89	301.85	156,531.97
283	730.74	429.71	301.02	156,102.26
284	730.74	430.54	300.20	155,671.72
285	730.74	431.37	299.37	155,240.35
286	730.74	432.20	298.54	154,808.15
288	730.74	433.86	296.88	153,941.26
289	730.74	434.70	296.04	153,506.56
290	730.74	435.53	295.20	153,071.03
291	730.74	436.37	294.37	152,634.66
292	730.74	437.21	293.53	152,197.45
293	730.74	438.05	292.69	151,759.40
295	730.74	439.74	291.00	150,880.77
296	730.74	440.58	290.16	150,440.19
297	730.74	441.43	289.31	149,998.76
298	730.74	442.28	288.46	149,556.48
299	730.74	443.13	287.61	149,113.35
300	730.74	443.98	286.76	148,669.37
302	730.74	445.69	285.05	147,778.84
303	730.74	446.55	284.19	147,332.30
304	730.74	447.41	283.33	146,884.89
305	730.74	448.27	282.47	146,436.62
306	730.74	449.13	281.61	145,987.49
307	730.74	449.99	280.75	145,537.50
309	730.74	451.72	279.01	144,634.92
310	730.74	452.59	278.14	144,182.33
311	730.74	453.46	277.27	143,728.86
312	730.74	454.34	276.40	143,274.53
313	730.74	455.21	275.53	142,819.32
314	730.74	456.09	274.65	142,363.23
316	730.74	457.84	272.90	141,448.43
317	730.74	458.72	272.02	140,989.71
318	730.74	459.60	271.13	140,530.10
319	730.74	460.49	270.25	140,069.62
320	730.74	461.37	269.36	139,608.24
321	730.74	462.26	268.48	139,145.98
323	730.74	464.04	266.70	138,218.79
324	730.74	464.93	265.81	137,753.86
325	730.74	465.83	264.91	137,288.04
326	730.74	466.72	264.02	136,821.31
327	730.74	467.62	263.12	136,353.69
328	730.74	468.52	262.22	135,885.18
330	730.74	470.32	260.41	134,945.43
331	730.74	471.23	259.51	134,474.21
332	730.74	472.13	258.60	134,002.07
333	730.74	473.04	257.70	133,529.03
334	730.74	473.95	256.79	133,055.08
335	730.74	474.86	255.88	132,580.22
336	730.74	475.78	254.96	132,104.44
338	730.74	477.61	253.13	131,150.14
339	730.74	478.53	252.21	130,671.62
340	730.74	479.45	251.29	130,192.17
341	730.74	480.37	250.37	129,711.80
342	730.74	481.29	249.45	129,230.51
343	730.74	482.22	248.52	128,748.30
345	730.74	484.07	246.66	127,781.08
346	730.74	485.00	245.73	127,296.07
347	730.74	485.94	244.80	126,810.13
348	730.74	486.87	243.87	126,323.26
349	730.74	487.81	242.93	125,835.45
350	730.74	488.75	241.99	125,346.71
352	730.74	490.63	240.11	124,366.39
353	730.74	491.57	239.17	123,874.82
354	730.74	492.52	238.22	123,382.31
355	730.74	493.46	237.27	122,888.84
356	730.74	494.41	236.32	122,394.43
357	730.74	495.36	235.37	121,899.07
359	730.74	497.27	233.47	120,905.48
360	730.74	498.23	232.51	120,407.25
361	730.74	499.19	231.55	119,908.07
362	730.74	500.15	230.59	119,407.92
363	730.74	501.11	229.63	118,906.81
364	730.74	502.07	228.67	118,404.74
366	730.74	504.00	226.73	117,397.70
367	730.74	504.97	225.76	116,892.73
368	730.74	505.94	224.79	116,386.79
369	730.74	506.92	223.82	115,879.87
370	730.74	507.89	222.85	115,371.98
371	730.74	508.87	221.87	114,863.11
373	730.74	510.83	219.91	113,842.44
374	730.74	511.81	218.93	113,330.63
375	730.74	512.79	217.94	112,817.83
376	730.74	513.78	216.96	112,304.05
377	730.74	514.77	215.97	111,789.28
378	730.74	515.76	214.98	111,273.53
380	730.74	517.74	212.99	110,239.03
381	730.74	518.74	212.00	109,720.29
382	730.74	519.74	211.00	109,200.56
383	730.74	520.74	210.00	108,679.82
384	730.74	521.74	209.00	108,158.08
385	730.74	522.74	208.00	107,635.34
387	730.74	524.75	205.98	106,586.84
388	730.74	525.76	204.97	106,061.08
389	730.74	526.77	203.96	105,534.30
390	730.74	527.79	202.95	105,006.52
391	730.74	528.80	201.94	104,477.71
392	730.74	529.82	200.92	103,947.90
394	730.74	531.86	198.88	102,885.20
395	730.74	532.88	197.86	102,352.32
396	730.74	533.91	196.83	101,818.41
397	730.74	534.93	195.80	101,283.48
398	730.74	535.96	194.78	100,747.52
399	730.74	536.99	193.75	100,210.52
401	730.74	539.06	191.68	99,133.44
402	730.74	540.10	190.64	98,593.34
403	730.74	541.13	189.60	98,052.21
404	730.74	542.18	188.56	97,510.03
405	730.74	543.22	187.52	96,966.81
406	730.74	544.26	186.47	96,422.55
408	730.74	546.36	184.38	95,330.88
409	730.74	547.41	183.33	94,783.48
410	730.74	548.46	182.28	94,235.01
411	730.74	549.52	181.22	93,685.50
412	730.74	550.57	180.16	93,134.92
413	730.74	551.63	179.11	92,583.29
415	730.74	553.76	176.98	91,476.84
416	730.74	554.82	175.92	90,922.02
417	730.74	555.89	174.85	90,366.14
418	730.74	556.96	173.78	89,809.18
419	730.74	558.03	172.71	89,251.15
420	730.74	559.10	171.64	88,692.05
422	730.74	561.25	169.48	87,570.62
423	730.74	562.33	168.41	87,008.29
424	730.74	563.41	167.32	86,444.88
425	730.74	564.50	166.24	85,880.38
426	730.74	565.58	165.15	85,314.80
427	730.74	566.67	164.07	84,748.12
429	730.74	568.85	161.89	83,611.51
430	730.74	569.95	160.79	83,041.57
431	730.74	571.04	159.70	82,470.52
432	730.74	572.14	158.60	81,898.38
433	730.74	573.24	157.50	81,325.14
434	730.74	574.34	156.39	80,750.80
436	730.74	576.55	154.18	79,598.80
437	730.74	577.66	153.07	79,021.13
438	730.74	578.77	151.96	78,442.36
439	730.74	579.89	150.85	77,862.47
440	730.74	581.00	149.74	77,281.47
441	730.74	582.12	148.62	76,699.35
443	730.74	584.36	146.38	75,531.75
444	730.74	585.48	145.25	74,946.27
445	730.74	586.61	144.13	74,359.66
446	730.74	587.74	143.00	73,771.92
447	730.74	588.87	141.87	73,183.05
448	730.74	590.00	140.74	72,593.05
449	730.74	591.14	139.60	72,001.92
451	730.74	593.41	137.33	70,816.23
452	730.74	594.55	136.19	70,221.68
453	730.74	595.70	135.04	69,625.98
454	730.74	596.84	133.90	69,029.14
455	730.74	597.99	132.75	68,431.15
456	730.74	599.14	131.60	67,832.01
458	730.74	601.45	129.29	66,630.28
459	730.74	602.60	128.14	66,027.67
460	730.74	603.76	126.98	65,423.91
461	730.74	604.92	125.82	64,818.99
462	730.74	606.09	124.65	64,212.91
463	730.74	607.25	123.49	63,605.65
465	730.74	609.59	121.15	62,387.65
466	730.74	610.76	119.98	61,776.88
467	730.74	611.94	118.80	61,164.95
468	730.74	613.11	117.62	60,551.84
469	730.74	614.29	116.45	59,937.54
470	730.74	615.47	115.26	59,322.07
472	730.74	617.84	112.90	58,087.57
473	730.74	619.03	111.71	57,468.54
474	730.74	620.22	110.52	56,848.32
475	730.74	621.41	109.32	56,226.91
476	730.74	622.61	108.13	55,604.30
477	730.74	623.81	106.93	54,980.49
479	730.74	626.21	104.53	53,729.28
480	730.74	627.41	103.33	53,101.87
481	730.74	628.62	102.12	52,473.25
482	730.74	629.83	100.91	51,843.42
483	730.74	631.04	99.70	51,212.38
484	730.74	632.25	98.49	50,580.13
486	730.74	634.69	96.05	49,311.97
487	730.74	635.91	94.83	48,676.07
488	730.74	637.13	93.61	48,038.94
489	730.74	638.35	92.38	47,400.58
490	730.74	639.58	91.15	46,761.00
491	730.74	640.81	89.93	46,120.19
493	730.74	643.28	87.46	44,834.86
494	730.74	644.52	86.22	44,190.35
495	730.74	645.76	84.98	43,544.59
496	730.74	647.00	83.74	42,897.59
497	730.74	648.24	82.50	42,249.35
498	730.74	649.49	81.25	41,599.86
500	730.74	651.99	78.75	40,297.13
501	730.74	653.24	77.49	39,643.89
502	730.74	654.50	76.24	38,989.39
503	730.74	655.76	74.98	38,333.63
504	730.74	657.02	73.72	37,676.62
505	730.74	658.28	72.46	37,018.33
507	730.74	660.82	69.92	35,697.97
508	730.74	662.09	68.65	35,035.88
509	730.74	663.36	67.38	34,372.52
510	730.74	664.64	66.10	33,707.88
511	730.74	665.91	64.82	33,041.97
512	730.74	667.20	63.54	32,374.77
514	730.74	669.76	60.97	31,036.53
515	730.74	671.05	59.69	30,365.48
516	730.74	672.34	58.40	29,693.14
517	730.74	673.64	57.10	29,019.50
518	730.74	674.93	55.81	28,344.57
519	730.74	676.23	54.51	27,668.34
521	730.74	678.83	51.91	26,311.98
522	730.74	680.14	50.60	25,631.84
523	730.74	681.45	49.29	24,950.40
524	730.74	682.76	47.98	24,267.64
525	730.74	684.07	46.67	23,583.57
526	730.74	685.38	45.35	22,898.19
528	730.74	688.02	42.71	21,523.46
529	730.74	689.35	41.39	20,834.12
530	730.74	690.67	40.07	20,143.44
531	730.74	692.00	38.74	19,451.44
532	730.74	693.33	37.41	18,758.11
533	730.74	694.66	36.07	18,063.45
535	730.74	697.34	33.40	16,670.11
536	730.74	698.68	32.06	15,971.43
537	730.74	700.02	30.71	15,271.41
538	730.74	701.37	29.37	14,570.04
539	730.74	702.72	28.02	13,867.32
540	730.74	704.07	26.67	13,163.25
542	730.74	706.78	23.96	11,751.04
543	730.74	708.14	22.60	11,042.91
544	730.74	709.50	21.24	10,333.40
545	730.74	710.87	19.87	9,622.54
546	730.74	712.23	18.50	8,910.31
547	730.74	713.60	17.14	8,196.70
549	730.74	716.35	14.39	6,765.38
550	730.74	717.73	13.01	6,047.65
551	730.74	719.11	11.63	5,328.54
552	730.74	720.49	10.25	4,608.05
553	730.74	721.88	8.86	3,886.18
554	730.74	723.26	7.47	3,162.91
556	730.74	726.05	4.69	1,712.21
557	730.74	727.44	3.29	984.77
558	730.74	728.84	1.89	255.92
559	256.41	255.92	0.49	0.00

Comparison

Scenario	Number of payments	Total interest	Total paid
Standard plan	300.00	188,442.53	438,442.53
Your plan	559.00	158,007.97	408,007.97

Formula

biweekly = monthly ÷ 2, paid every 14 days (26/year)

= 30434.56

Note

This schedule applies the standard amortization formula to the figures you entered. It assumes a fixed rate, payments made on time, and no fees, insurance or rate changes; a real lender's statement will differ.

More in Loans and debt

See all →

Frequently asked questions

How does paying biweekly instead of monthly save money?+

Paying half your monthly payment every two weeks results in 26 half-payments a year — the equivalent of 13 full monthly payments instead of 12. That extra payment goes entirely to principal and shortens the loan.

Do I need my lender's permission to switch to biweekly payments?+

Often yes — many lenders only apply payments when the full monthly amount has accumulated, so ask whether they support true biweekly processing or offer a formal biweekly program before relying on this for extra principal reduction.

How much sooner will I pay off the loan?+

The result varies with your rate and term, but a biweekly plan on a typical 30-year mortgage often pays it off 4 to 6 years early, since the extra annual payment compounds over time.

Can I get the same effect without a formal biweekly plan?+

Yes — dividing your monthly payment by 12 and adding that amount to each regular monthly payment achieves the same extra-principal effect without needing a special biweekly processing arrangement.

Does biweekly always beat a lump sum or extra monthly payment?+

Not necessarily — what matters is the total extra principal paid per year, not the payment frequency. Compare the total annual amount across plans, since a biweekly schedule and an equivalent monthly top-up produce similar savings.

Biweekly Payment Plan Calculator

Inputs