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    ue to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read t
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    Twice A Month

    Yes, there are payments twice a month. Probably it is a little difficult to remember one payment more per month, but… what are agendas and reminders for? And when you find out the benefit it will give you, you will be waiting for that moment to come, twice a month.

    The Technical Data

    These loans operate in much the same way as an ordinary mortgage would, with the difference that you will be making one payment every two weeks. This carries an important benefit since, if you remember how many weeks there are in a year, you’ll discover the good news.

    Ok, I’ll tell you: 52 weeks in a year. Making one payment every two weeks means 26 payments a year, right? And 26 bi-weekly payments a year mean 13 monthly payments instead of 12. You got it: One extra payment a year, without really feeling it.

    The Down Side Of A Bi-Weekly

    This option costs money in fees and interest lost due to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read th

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    will be waiting for that moment to come, twice a month.

    The Technical Data

    These loans operate in much the same way as an ordinary mortgage would, with the difference that you will be making one payment every two weeks. This carries an important benefit since, if you remember how many weeks there are in a year, you’ll discover the good news.

    Ok, I’ll tell you: 52 weeks in a year. Making one payment every two weeks means 26 payments a year, right? And 26 bi-weekly payments a year mean 13 monthly payments instead of 12. You got it: One extra payment a year, without really feeling it.

    The Down Side Of A Bi-Weekly

    This option costs money in fees and interest lost due to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read t

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    . This carries an important benefit since, if you remember how many weeks there are in a year, you’ll discover the good news.

    Ok, I’ll tell you: 52 weeks in a year. Making one payment every two weeks means 26 payments a year, right? And 26 bi-weekly payments a year mean 13 monthly payments instead of 12. You got it: One extra payment a year, without really feeling it.

    The Down Side Of A Bi-Weekly

    This option costs money in fees and interest lost due to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read t

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    And 26 bi-weekly payments a year mean 13 monthly payments instead of 12. You got it: One extra payment a year, without really feeling it.

    The Down Side Of A Bi-Weekly

    This option costs money in fees and interest lost due to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read t

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    ue to the accelerated payment. Nevertheless, you should look out for these clauses in the small writing and look for a lender who will give you the prepayment option, thus, not losing interests by shortening the plan. A Little hint: Read the small writing…

    A Great Convenience

    The convenience of this type of repayment is that you are obliged by contract to have the discipline to pay twice a month and not just leave it to your fragile memory… However, you should calculate how much you can save on fees and interest, if any at all, for a loan with monthly payments, but for a number of years equal to that which you get with the bi-weekly loan.

    Let Me Explain

    It may sound a little muddled up, so I’ll explain: A 20 year bi-weekly loan will mean approximately 2 years less in an ordinary loan. You are making one extra payment per year, which means 20 extra payments during the plan. Now find out how much the payments will vary for an 18 year mortgage, or the nearest you can get to that number.

    Now you can compare apples with apples. In addition to the bi-weekly conditions if t

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