Thursday, September 10, 2020

Queen of France

Chart for Bi-Weekly Payments for Mortgages

windsor castle
Windsor Castle, from my ancestors.

Bi-Weekly Payments for Mortgages

This is just a quick spreadsheet, once the correct dates, and basic monthly amounts, are set into it. It helps those on a set income, in order for them to pay their mortgages while saving. The bi-weekly is faster to pay off vs monthly, however it can be confusing as to when and if the savings will be there for those 2 extra payments per year. So, this spreadsheet just offers that information, while also allowing for a portion to be allocated towards the principal every month.