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Bi-Weekly Payment Calculator

Instructions: Enter your loan's principal balance, monthly payment amount and annual interest rate and then click on the Compute button. Note: When entering information into the data fields, only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.

Enter the principal balance of your loan:	(ex. 100000)
Enter the amount of your monthly loan payment:	(ex. 700.50)
Enter your loan's current interest rate:	(ex. 7.5 )

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):