Tag Archives: mortgage payments

Bi-Weekly Mortgage Payments : Will You Pay Your Mortgage Faster?

Thinking of starting a bi-weekly mortgage payment plan? You may want to think again. A bi-weekly plan may sound terrific, but it’s a program not without its risks. There may be better, less expensive ways to own your home faster. Typical Mortgage : 12 Payments Per Year The typical mortgage asks for one payment per month, which equals 12 payments per year. With a 30-year fixed rate mortgage, therefore, 360 payments are required to… Read More »