Skip to content

Biweekly Mortgage Loan Payment Calculator

This Biweekly Mortgage Loan Payment Calculator estimates your mortgage payments if you switch from monthly to biweekly payments, helping you save on interest and pay off your loan faster.

Biweekly Mortgage Payment Calculator

Input Fields
P
$
Enter the total loan amount
r
%
Enter the annual interest rate
n
years
Enter the loan term in years
If enabled, the result will update automatically when you change any value.

Biweekly Mortgage Loan Payment Formula

Formula
$$\text{Biweekly Payment} = \frac{P \times r_b}{1 – (1 + r_b)^{-n}}$$

Where:

  • $$P$$ = Principal loan amount
  • $$r_b$$ = Biweekly interest rate (annual rate divided by 26)
  • $$n$$ = Total number of biweekly payments


Switching to biweekly mortgage payments can help reduce the total interest paid and shorten the loan term. This calculator provides an estimate of your biweekly payment amount based on the loan balance, interest rate, and remaining term.

Previous
Auto Loan EMI

Leave a Reply

Your email address will not be published. Required fields are marked *