Thread: Mortgage Advice
View Single Post
Old 05-21-2009, 09:32 AM   #14
Sample00
Sleazy Banker
 
Sample00's Avatar
 
Join Date: Oct 2001
Location: Cold Lake Alberta Canada
Exp:
Default

Quote:
Originally Posted by MJK View Post
I am looking at biweekly payments but would it be even better still to go with weekly?
yes, because you pay the principal off weekly then and the interest is recalculated on the principal balance outstanding.
Sample00 is offline   Reply With Quote