Often borrowers want calculate their loan biweekly, whether that be a mortgage, a car loan, a motorcycle loan, and RV loan, or a straight up personal cash loan. The trick is to have the right calculator for doing biweekly payment schedules, and we have the right one for you no matter what kind of loan product you are calculating. Our loan calculator is right beside this post to the right – and can be found for your free biweekly calculations any time you want. Just go ahead and enter your lending scenario and you are set to go. You don’t have to give us your email and there isn’t a limit on how much you use it.

First Field: enter the loan (or mortgage amount)
Second Field: enter the interest you are paying on the loan
Third Field: enter how many years you want to pay the loan back in
Fourth Field: enter the period between payments – for biweekly payments enter 14 (for 14 days)

That is about it, except I will do an example calculation for you – OK!

Let us just say that we want a mortgage for $200,000 dollars at 3%, for 35 years with biweekly payments to the bank;

Principal Loan: $200,000
Interest: 3%
Length of Time: 35 years
Payment Freq: biweekly (so I enter 14 right)

Here are the biweekly calculation results;

Total Amount to be payed: $305,115.10
Total amount of interest $105,115.10
Payments: $334.37

So your payment is three hundred dollars and change ($34.37 to be exact) every 14 days. It’s that simple.

Enjoy!

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A LOAN CALCULATOR; Enter your loan amount, how many years, the interest rate, and payment frequency (14 for biweekly, 30 for monthly, 7 for weekly. Very helpful so you know exactly what the loan will cost you in interest payments and you will know the total COB (cost of borrowing).

Loan Amount:

Interest:

Years:

Days between payments:
30 for a Month, 7 for Week
and 14 for Bi-Weekly. Easy!

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