RE/MAX Lifestyle

Tag: Mortgage Plan

Bi-Weekly Mortgage: Could It Help You?
Posted on 12/18/2019
Bi-Weekly Mortgage: Could It Help You?
Photo by Designer491 via Shutterstock The term “bi-weekly” means every other week. If you get paid bi-weekly, you usually get your check every other Friday. When it comes to a mortgage, typical amortization plans (payments of principal and interest) use a 30-year/360-month calculation. But many lenders offer a bi-weekly plan too. In this case, you would make 26...
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