Bi-weekly Mortgage Calculator

Bi-Weekly Mortgage Comparison Calculator

This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year — without hardly noticing the additional cash outflow. But, as you’re about to discover, you will certainly notice the “increased” cash flow that will occur when you pay your mortgage off way ahead of schedule!

Instructions:
Complete the top 5 entry fields and click the “Compute” button. If you are entering data for a future mortgage, you can leave the “Current monthly mortgage payment” field blank, and the calculator will compute the payment for you.

Dollar amount of your mortgage:
Interest rate of your mortgage:
Term of your mortgage in months:
Current monthly mortgage payment:
Number of monthly payments you have already paid:
Your Current Mortgage
Dollar amount of your mortgage:
Percentage rate of your mortgage:
Your current monthly payment:
Total Interest paid:
Paid off in:
With the Bi-Weekly Plan
Your bi-weekly payment:
Total Interest paid:
Total Interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:
If You Pay an Additional $25 Every Payment
Your bi-weekly payment:
Total Interest paid:
Total Interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:
Save Even More by Paying an Additional $50 Every Payment
Your bi-weekly payment:
Total Interest paid:
Total Interest savings:
Paid off in:
Number of payments saved:
Equivalent interest rate:

OUR LOCATIONS:

 

Lemmon Office
519 Main
PO Box 389
Lemmon, SD 57638
Phone: 605-374-3380
Fax: 605-374-3181
Bison Office
120 W. Main
PO Box 220
Bison, SD 57620
Phone: 605-244-7155
Fax: 605-244-7159
Hettinger Office
221 S. Main
PO Box 1020
Hettinger, ND 58639
Phone: 701-567-2153
Fax: 701-567-4692
Pierre Office
120 W. Sioux Ave.
PO Box 7145
Pierre, SD 57501
Phone: 605-224-4844
Fax: 605-224-6066
Faith Office
107 Main
PO Box 549
Faith, SD 57626
Phone: 605-967-2380
Fax: 605-967-2383

You are now leaving Dakota Plains FCU

You are leaving the Dakota Plains FCU website and are going to be redirected to a website that is not operated by Dakota Plains FCU. Dakota Plains FCU is not responsible for the content or availability of linked sites. The credit union does not represent either the third party or member if a transaction is entered.  The privacy and security policies of the linked site may differ from those practiced by Dakota Plains FCU.

You will be redirected to

Click the link above to continue or CANCEL