Calculators – Mortage payment interval calculator

CALCULATORS – MORTAGE INTERVAL CALCULATOR

How often should you pay your mortgage, bi-weekly or monthly?

Conventional wisdom says that paying your mortgage twice a month will ultimately lead you to paying off your mortgage faster. This may be true, but you could potentially make more money in the long term by making one monthly payment and allocating your additional income distributions across other categories such as investments, retirement plans, etc.

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