You won't find a better return on investment than paying your mortgage biweekly.   Here are some savings comparisons:

You would have to invest over $10,000 NOW at 4% for 30 years to match the return on converting a 30-year $150,000 mortgage @5.5% to a biweekly.

You would have to invest over $13,500 NOW at 4% for 30 years to match the return on converting a 30-year $200,000 mortgage @5.5% to a biweekly.

You would have to invest over $16,000 NOW at 4% for 30 years to match the return on converting a 30-year $200,000 mortgage @ 6% to a biweekly.

(In all of these examples, you would have to convert to a biweekly within the first year in order to match the numbers shown.)


DETAIL COMPARISON - Standard vs Biweekly Payments

Purchase Price - $250,000
Down Payment - $50,000
Mortgage - $200,000 for 30 years at 7% interest
 

Notice that after only 5 years, the additional equity in your house would be almost $9,000. After 20 years, the additional equity is almost $55,000.  Here's even more good news.  In the above example, if you paid an extra $1 per day...less than the cost of a cup of coffee...your additional equity after 20 years would be almost $77,000 ...and you'd have less than 2 years left to pay off the mortgage in full!  We recommend that you make as much of an additional payment as is practical for you.  If you want to change it at a later date, there's no problem.  You can remove your extra payments at any time.  If you make higher additional payments, you'll see your savings rise exponentially.

Calculate your savings and contact us to start!    or
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*Please note - our reasonable Enrollment Fee is NOT included in these savings estimates....but the cost of enrolling into the Preferred Biweekly Program is nothing compared to the cost of NOT enrolling.  We guarantee savings!

"Monthly mortgages get you there; biweeklies get you there faster."