Question: how much will biweekly mortgage payments save me?
Answer: Key Benefits for Homeowners A 30-yar mortgage can be paid off in about 22 years. ... The homeowner will save thousands of dollars over the term of the mortgage. For example: by paying biweekly on a 30-year fixed rate mortgage of $100,000 at 6.5% interest, the homeowner could save over $30,000.