Howard Hanna | Rand Realty
Richard Gutner, Howard Hanna | Rand RealtyPhone: (914) 643-1560
Email: [email protected]

Tag: Mortgage Plan

Posted on 12/13/2020
How to Use a Bi-Weekly Mortgage to Your Advantage
Photo by Designer491 via Shutterstock The term “bi-weekly” means every other week. If you get paid bi-weekly, you usually get your check every other Friday. When it comes to a mortgage, typical amortization plans (payments of principal and interest) use a 30-year/360-month calculation. But many lenders offer a bi-weekly plan too. In this case, you would make 26...
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