Use this calculator to determine how much you can save in interest and the number of months you can pay off your loan early by making biweekly loan payments.
If you are evaluating an existing loan, be sure to provide the date your loan started in Step 2 so you can get a more accurate estimate.
Biweekly Loan Savings Calculator
Whether you are looking to pay off your home mortgage
, boat loan
, student loan
, or credit card
debt, using a bi-weekly payment plan can save you money and pay off your debt faster.
See how much you can save above in our biweekly loan calculator. By simply splitting your existing monthly payment in half and paying that amount every two weeks, you’ll make 13 payments over the course of a year. On a monthly basis, it’s not a big change, but making just one extra payment a year can save you hundreds, if not thousands of dollars in interest over the life of the loan. AutoPayPlus makes your money work harder for you.
Try our biweekly loan calculator and let the numbers speak for themselves. For a future loan, just complete the information in Step 1. For a current loan, complete Step 1 and Step 2 — adding the loan start date is critical to calculate an accurate savings estimate on existing loans.
USEA makes saving on your loan easy and paying it worry-free. We can help you eliminate months off the your loan term and set up automatic payments for your convenience. Find out more or call (800) 894-5000 to speak to a USEA Specialist and start saving today!