Fortnightly Repayments

This calculator will show you how much you will save if you make half of your mortgage payment every two weeks instead of making a full mortgage payment once a month.

Enter the principal balance of your mortgage:
Enter the amount of your monthly mortgage payment:
(principal and interest portion only)
Enter the your mortgage's current interest rate:
 

 

Results

This is how much interest you will pay under your current monthly payment plan:
Result
This is how much interest you will pay if you switch to a fortnightly mortgage payment plan:
Result
Fortnightly Mortgage Interest Savings:
Result