Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
Re: Payment twice a month?

It will save you good money in interest but keep in mind you will make an extra full payment a year. When you pay monthly you pay 12 full = 24 half payments, and with this program you pay 26 half payments = 13 full payments. But you are required to make a payment ever 2 weeks, I make and extra "to principle" payment each month that can save me just as much in interest without the restraints of having to pay every two weeks.