Tucson Arizona Homes, Biweekly Payment Savings Calculator

Biweekly Payment Savings Calculator

Fill in each field in order, and the blank fields will be populated as soon as a number is calculated. Please keep in mind that the values may vary from actual ones applicable to your situation.

		Loan Information
$		What is the purchase price of the home you are interested in?
		Please enter an interest rate between 6 and 16.
%		What is the interest rate of the new home loan?
Monthly Payments	Biweekly Payments
30		This is the term of the mortgage. As you can see, on a 30 year mortgage, making biweekly payments will substantially reduce the term of the loan.
		This is what your payment would be.
		This is the total amount you will pay per year.
		This is the total amount you will pay over the life of the loan.
		This is the total interest you will pay on the loan.
		This is the amount of interest you will save making biweekly payments.