Question: how much will i save with biweekly mortgage payments?
Answer: Here are some things that a bi-weekly mortgage schedule can do: Equity will build in the home more quickly. ... 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.