Mortgages & Loans
What is a Biweekly Mortgage ?
A Biweekly Mortgage requires payments every two weeks instead of the standard monthly payment. The 26 biweekly payments are each equal to one-half of the monthly payment. For the borrower, it is a substantial reduction in interest payments because the mortgage is paid off earlier.
Need Professional Help?
If you need help with "Mortgages & Loans" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.