Biweekly Loan Repayment Calculator
This calculator makes it easy to see how much one will need to pay monthly on a loan & what the equivalent bi-weekly payment would be to pay off the loan in the same amount of time.
Some biweekly calculators cut the monthly payment in half in order to make a 13th monthly payment to pay off the loan quicker. If you want a calculator which does that, please click here.
The below calculator does a straight conversion of 12 monthly payments into the equivalent 26 biweekly payments.