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Bi-weekly mortgagethis type of mortgage has an impact on when a loan is paid and how frequently. In a typical mortgage, you make one monthly payment or twelve payments over the course of a year. With a Bi-Weekly paymen [..]
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Bi-weekly mortgageA bi-weekly mortgage is structured so that the borrower makes half the scheduled monthly payment every two weeks, for 26 annual payments. The bi-weekly structure reduces total interest costs because e [..]
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