The biweekly mortgage payment calculator shows the user possible savings by using a biweekly mortgage payment option.  Biweekly payments accelerate a mortgage payoff an increase home equity faster by paying 1/2 of your normal monthly payment every two weeks.  By the end of each year, the borrower will have paid the equivalent of 13 monthly payments instead of 12.  This simple technique can reduce the term of a mortgage by years and save thousands of dollars in interest over the life of the loan.  The biweekly payment mortgage calculator can quickly calculate the savings and the reduction of time it will take to payoff a home loan using a biweekly payment schedule.

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