Calculadora de Hipoteca Quinzenal — Formula

Bi-Weekly Mortgage Payments

Instead of making 12 monthly payments per year, you make 26 half-payments (every two weeks). This effectively adds one extra monthly payment per year.

Why It Works

  • 26 bi-weekly payments = 13 monthly equivalents per year
  • That extra payment goes directly to principal
  • Reduced principal means less interest charged on subsequent payments

    • Savings

  • Typically shaves 4-6 years off a 30-year mortgage
  • Saves tens of thousands in interest
  • Payment amount per paycheck is manageable since it is half the monthly amount

    • Implementation

    Some lenders offer formal bi-weekly programs (may have fees). Alternatively, you can achieve the same result by adding 1/12 of your monthly payment as extra principal each month.

    Exemplo Resolvido

    A $300,000 loan at 7% for 30 years, comparing monthly to bi-weekly payments.

    1. Monthly payment: $1,995.91
    2. Bi-weekly payment: $1,995.91 / 2 = $997.96
    3. Annual cost (monthly): $1,995.91 x 12 = $23,950.92
    4. Annual cost (bi-weekly): $997.96 x 26 = $25,946.96
    5. Extra principal per year: $25,946.96 - $23,950.92 = $1,996.04 (one extra payment)
    6. Total interest (monthly): $1,995.91 x 360 - $300,000 = $418,527
    7. Bi-weekly plan saves approximately 5-6 years and $65,000+ in interest