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   Pay-off your mortgage loans quicker with BiWeekPay
  • Loan term reduction
  • Save on interest
  • Avoid missing payment
  • Pay along with your paychecks
   Biweekly Payments

Automated withdrawals are made from your designated bank account every two weeks for a total of 26 half-payments each year.

This gives customers one extra payment toward the principal balance each year and could significantly reduce** your interest in the long term.

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Monthly vs BiWeekly Payments for $400,000.00 loan with 4.5% interest

MONTHLY PAYMENT BIWEEKLY PAYMENT
Loan Term:       30 Years
Monthly Payment:       $2,026.74
Interest Paid:       $329,627
Loan Term:      25.8 Years
BiWeekly Payment:       $943.34
Interest Paid:       $234,834

Making Bi-Weekly payments will reduce your mortgage term by 4.2 years and provide interest savings of $94,792.