Payment Frequency Comparison Calculator
Accelerated biweekly payments of $1,658.75 save $59,860 in interest and clear the mortgage 3 years, 4 months sooner than monthly payments.
Interest saved by paying accelerated biweekly
$59,860
Accelerated biweekly is half your monthly payment every two weeks. Because there are 26 two-week periods in a year, that works out to one extra monthly payment annually — clearing the mortgage 3 years, 4 months sooner.
Biweekly and accelerated biweekly are not the same
A true biweekly payment of $1,529.63 spreads the same annual cost across 26 payments and saves almost nothing. Accelerated biweekly is $1,658.75 — $129.12 more each time, or $3,357 more a year. Many calculators treat them as identical. They are not.| Schedule | Payment | Per year | Payoff | Total interest |
|---|---|---|---|---|
| Monthly | $3,317.50 | $39,810 | 25.0 yrs | $395,252 |
| Semi-monthly | $1,657.22 | $39,773 | 25.0 yrs | $394,329 |
| Biweekly | $1,529.63 | $39,770 | 25.0 yrs | $394,259 |
| Accelerated biweekly | $1,658.75 | $43,128 | 21.7 yrs | $335,391 |
| Weekly | $764.49 | $39,753 | 25.0 yrs | $393,833 |
| Accelerated weekly | $829.38 | $43,128 | 21.7 yrs | $334,716 |
- Monthly payment
- $3,317.50
- Accelerated biweekly
- $1,658.75
- Extra paid per year
- $3,318
- Years saved
- 3.3
Roughly one extra monthly payment
Assumes a constant rate for the full amortization. Not every lender offers every frequency, and some define accelerated schedules slightly differently. Clover Mortgage Inc. is a licensed mortgage brokerage. This calculator provides estimates for information only and is not an offer of credit, an approval, or financial advice.
Every mortgage is different. A Clover Mortgage broker can confirm what you actually qualify for across more than 50 lenders — at no cost to you.
Accelerated biweekly saves
$59,860
Common questions
- Which payment frequency is best?
- Accelerated biweekly is the most popular way to pay a mortgage off faster without noticing much difference month to month, because it works out to one extra monthly payment a year. The right answer depends on how your pay arrives and how much room your budget has.