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Enter the principal balance of your mortgage
(ask your mortgage lender for the current payoff amount)
Enter the amount of your monthly mortgage payment
(Principal and Interest Only)
Enter the your mortgage's current interest rate:
 
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay if you switch to a bi-weekly mortgage payment plan:
Bi-weekly Mortgage Interest Savings:

 

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