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2. Biweekly mortgage payments: What they are and how they work - AOL

   www.aol.com/finance/biweekly-mortgage-payments...

   If your lender allows biweekly payments and applies the extra payments directly to your principal, you can simply send half your mortgage payment every two weeks. If your monthly payment is $2,000 ...

3. Biweekly Mortgage Payments: How To Save Thousands - AOL

   www.aol.com/finance/biweekly-mortgage-payments...

   Biweekly mortgage payments break your monthly payment into two payments made two weeks apart. This every-14-day schedule results in an extra payment each year, so you pay off your loan faster and ...

4. Prepaying your mortgage: What is it and should I do it? - AOL

   www.aol.com/finance/prepaying-mortgage-152800578...

   You can take several routes for prepaying a mortgage: Make an extra mortgage payment every year. With biweekly mortgage payments, you make a payment toward your mortgage every two weeks. If you ...

5. Biweekly mortgage - Wikipedia

   en.wikipedia.org/wiki/Biweekly_Mortgage

   The biweekly payment is exactly one half of the amount a monthly payment would be. Though it depends on other factors such as the interest rate of the loan, a biweekly mortgage payment plan often saves the consumer money over the life of the loan. For example, a 30-year mortgage of $200,000 with an interest rate of 6.5% will require a monthly ...

6. Mortgage acceleration - Wikipedia

   en.wikipedia.org/wiki/Mortgage_acceleration

   A commonplace method of mortgage acceleration is a so-called bi-weekly payment plan, in which half of the normal calendar monthly payment is made every two weeks, so that 13/12 of the yearly amount due is paid per annum. [2] Commonplace too, is the practice of making ad hoc additional payments. The agreements associated with certain mortgages ...

7. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

   www.aol.com/dave-ramsey-7-tips-paying-120027516.html

   Here’s how extra payments would affect a $220,000, 30-year mortgage with a 4% interest rate: Make one extra payment each quarter to shave 11 years and nearly $65,000 off your mortgage.

8. Mortgage accelerator loan: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-accelerator-loan...

   Some borrowers schedule a half-mortgage payment every two weeks, also known as biweekly payments. Since there are 26 two-week periods in a year, that’s effectively one extra whole mortgage ...

9. How to pay a mortgage: 5 ways to pay on time - AOL

   www.aol.com/finance/pay-mortgage-5-ways-pay...

   If you have the extra cash, making biweekly mortgage payments — which amounts to 13 full monthly payments per year instead of 12 — can help you pay off your loan faster and save on interest ...