This software helps users visualize how reducing the term and interest amount of a loan can impact their finances. It uses a biweekly payment schedule where users pay half of their monthly payment every two weeks, resulting in 26 payments per year.
By making 26 payments annually, you are credited by the lending institution at the time of payment, showcasing the significant savings available to you. Plus, the professional-looking printouts can be used by financial planners and contain a "prepared by:" area to help them advise their clients on this method of mortgage payment.
With Biweekly Amortization, you can demonstrate the effect this type of mortgage has on the term of your loan as well as the total amount of interest paid. So why wait? Try Biweekly Amortization today and unlock the banker's secret to saving big on your mortgage!
Version 1.2: Upgrade PAD file