This calculator shows you possible savings by using an accelerated bi-weekly payment on your debt. By paying half of your monthly payment every two weeks, each year your debt company will receive the equivalent
of 13 monthly payments instead of 12. This simple technique can shave time off your debt and could save you hundreds or even thousands of dollars in interest.
Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their
applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal
finance issues.