The Real Estate Encyclopedia
What Is The Advantage Of A Bi-weekly Payment Loan?
Category - Mortgage Questions - Mortgage Loans FAQ's

A bi-weekly payment loan is based on 26 half-month payments a year, resulting in an earlier loan pay-off date and lower total interest costs than with a typical loan with regular monthly payments.  Ask your lender about your options regarding this type of payment plan. 

 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
Home Ownership Questions - General Home Ownership FAQ's
Home Buying Questions - General Home Buying FAQ's
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