mobile home lender multi-state mortgage lender mortgage company logo Multi-State Lending mortgage loan programs available in:
Alaska, California, Colorado, Florida, Montana, Indiana, Louisiana, Maryland, Minnesota, Mississippi, New Mexico, North Carolina, Texas,
North Dakota, Pennsylvania, South Carolina, South Dakota, and Tennessee
manufactured home loan FHA home loans: FHA home buyer streamline refinance mobile home loans reverse mortgage modular home financing
fha home loan happy florida home owners using the FHA mortgage program stop paying a mortgage payment - get a HUD reverse mortgage today! the last mortgage company you'll ever need! start planning your home improvement using our fast home equity lines of credit the premier FHA home loan specialists
fha loans mortgage loans: home purchase Mortgage Refinance home equity loans jumbo mortgage fha
finance your next home 203k fha loan fha 203b loan program 30 year fixed rate loan fixed rate mortgage programs second mortgage programs long term mortgage financing solutions
ARM FHA loans » mortgage calculators » adjustable

Quick Quote
Mortgage Help!
credit score help

FHA Loan:
FHA loan
FHA home buyer
streamline refinance
cash-out refinance
FHA secure loan
FHA 203k loan

mortgage loan
home buyer mortgage
mortgage refinance
interest only mortgage
investment property
adjustable rate mortgage
second mortgage
home equity line
stated income loan

VA Mortgage:
VA mortgage
VA home buyers
VA mortgage refinance

Other Programs:
reverse mortgage
jumbo mortgage
USDA loan
first time buyers
single parent loans
mobile home loans
modular home financing
custom built homes
luxury home loan
second home mortgage
lot loans
bankruptcy buyout
balloon mortgage
hard money

Interest Rates:
FHA interest rates
jumbo mortgage rates
conventional rates
refinance rates
2nd mortgage rates
mobile home rates

Loan Limits:
FHA loan limits
conventional limits
jumbo loan limits
2nd mortgage limits

Loan Help:
mortgage calculators
Basic Mortgage Payment Calculator payment calculator
PITI Payment Calculator PITI payment
Payment Amortization Calculator monthly amortization
How Much Home Calculator how much home
Payment Calculator With Annual Amortization annual amortization
Debt Ratio debt ratio
FHA Calculator FHA calculator
Bi-Weekly Payment Calculator bi-weekly payment
Debt Consolidation Calculator debt consolidation
Credit Card Payoff Calculator payoff credit cards
Interest Rate Calculator interest rate impact
Savings Calculator savings goal
Millionaire Calculator millionaire
Installment Loan Calculator installment loan
15 Year Vs. 30 Year Mortgage Calculator 15 vs. 30 year
80/20 Blended Rate Calculator 80/20 mortgage
Extra Payment Impact Calculator extra payments
ARM Vs. Fixed Rate Calculator ARM vs. fixed
Balloon Mortgage Calculator balloon loan
Credit Grade Calculator credit grade
Down Payment Calculator downpayment
Income Required Calculator income required
Complex Loan Amortization Calculator loan amortization
Maximum Mortgage Calculator maximum mtg
Tax Benefits Calculator tax benefits
Mortgage APR Calculator mortgage APR
Mortgage Points Calculator mortgage points
Refinance Calculator refinance
Investor ROI Calculator investor ROI
Pay Your Mortgage Off Early Calculator payoff mortgage
Rent Vs. Own Calculator rent vs. own
Invest Vs Prepay invest vs. prepay
Debt Ratio's
FHA loan information
FHA credit flex
FHA myths
FHA guidelines
seller concessions
before you buy
closing costs
down payment help

Questions & Answers:
Mortgage Loan
Mortgage Refinance
FHA Loan
Mobile Home Loan
Reverse Mortgage
Second Mortgage
Jumbo Mortgage

Bi-Weekly Mortgage Payment Calculator

The typical bi-weekly mortgage plan can not only shorten the terms of your mortgage loan, it can also dramatically reduce the effective interest rate you pay. What does this mean?

If you have a 30 year mortgage and your rate of interest is 7.5% annually, using a bi-weekly payment plan reduces the principal balance of your loan much faster. The result is that the amount of interest you pay is reduced accordingly. As a result, you could easily take a 7.5% rate, and the effective interest you would pay could be equal to 6.15%, all without ever refinancing. So, if you have a 6% rate of interest, your bi-weekly payment plan can reduce the effective interest rate to 4.875%.

Before considering refinancing for the sake of an interest rate reduction, be sure to take a look at the benefits of a bi-weekly payment plan. It offers you a very viable alternative for financial planning purposes.

Have questions? Use our quick quote to get a fast quote.

Please Note: When entering information into the data fields, only use numbers and applicable decimal points. Please do not enter commas, dollar signs, or any other non-numeric characters, as this will cause an error.

Enter the principal balance of your loan:
Enter the amount of your monthly loan payment:
Enter your loan's current interest rate:
Total interest you will pay under your current monthly payment plan:
Months to pay off your loan under your current monthly payment plan:
Total interest you will pay using a bi-weekly payment plan:
Months to pay off your loan with a bi-weekly payment plan:
Bi-weekly Payment Interest Savings:
Bi-weekly Payment Time Savings (# of Months):
  purchase refinance  
florida mortgage Mortgage Programs texas mortgage