Meaning BIWEEKLY MORTGAGE
What does BIWEEKLY MORTGAGE mean? Here you find 11 meanings of the word BIWEEKLY MORTGAGE. You can also add a definition of BIWEEKLY MORTGAGE yourself

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BIWEEKLY MORTGAGE


An unusual home mortgage arrangement in which the borrower makes payments every two weeks instead of once a month. In a biweekly mortgage you make 26 annual payments of half your monthly mortgage amou [..]
Source: nolo.com

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BIWEEKLY MORTGAGE


A mortgage where you make "half payments" every two weeks, rather than one payment per month. This results in making the equivalent of 13 monthly payments per year, rather than 12, significantly reducing the time it takes to pay off a thirty year mortgage.
Source: golfandhome.co

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BIWEEKLY MORTGAGE


A mortgage in which you make payments every two weeks instead of once a month. The basic result is that instead of making twelve monthly payments during the year, you make thirteen. The extra payment reduces the principal, substantially reducing the time it takes to pay off a thirty year mortgage. Note: there are independent companies that encourag [..]
Source: realestateabc.com

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BIWEEKLY MORTGAGE


A payment plan under which one pays one-half of a monthly payment every two weeks, saving interest substantially over the life of the loan.
Source: discover.com

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BIWEEKLY MORTGAGE


A mortgage on which the borrower pays half the monthly payment every two weeks. Because this results in 26 (rather than 24) payments per year, the biweekly mortgage amortizes before term. See Bi [..]
Source: mtgprofessor.com

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BIWEEKLY MORTGAGE


A type of fixed-rate mortgage with payments for half the usual monthly amount scheduled every two weeks. Because you make the equivalent of 13 months of payments every year, the loan term is shortened [..]
Source: lonestarlending.com

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BIWEEKLY MORTGAGE


A loan requiring payments of principal and interest at two-week intervals. This type of loan amortizes much faster than monthly payment loans. The payment for a biweekly mortgage is half what a monthly payment would be.
Source: santacruzhomefinance.com

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BIWEEKLY MORTGAGE


A type of fixed-rate mortgage with payments for half the usual monthly amount scheduled every two weeks. Because you make the equivalent of 13 months of payments every year, the loan term is shortened [..]
Source: garykershner.com

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BIWEEKLY MORTGAGE


A mortgage that schedules payments every two weeks instead of the standard monthly payment. Typically your bank account ids debited every two weeks in the amount of half of your mortgage. In a normal [..]
Source: mortgageloan.com

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BIWEEKLY MORTGAGE


Biweekly mortgage is a payment plan where the borrower makes payments toward his principal and interest every two weeks instead of once monthly. It will result in the equivalent of one additional mont [..]
Source: definitions.uslegal.com

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BIWEEKLY MORTGAGE


A mortgage where you make "half payments" every two weeks, rather than one payment per month. This results in making the equivalent of 13 monthly payments per year, rather than 12, significa [..]
Source: nauticalwavesrealty.com





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