Biweekly Amortization+ Demonstrates the effect of reducing the term and interest amount of a loan.
Download

Biweekly Amortization+ Ranking & Summary

Biweekly Amortization+ Tags

schedule scheduler payment reduce loan term payment schedule save money schedule payment loan interest loan amount home loan interest checker interest charge on a loan reducing loan interest checker loan analysis

Biweekly Amortization+ Description

Biweekly Amortization is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of your loan. If you make a loan payment every two weeks with half of the monthly payment, you will make 26 payments each year. Biweekly Amortization demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution at the time of payment. Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also be useful to them in advising a client on this method of mortgage payment by demonstrating the effect this type of mortgage has on the term of the loan as well as the total amount of interest paid.

Biweekly Amortization+ Related Software