Saving Money With Biweekly Payment Plans
Someone told me he was saving lots of money because he switched his mortgage payment schedule to biweekly. He said it was a really great plan and that his mortgage would be paid, in full; several years ahead of his monthly payment schedule and that it would save him over $70,000!
I told him I thought it was a great deal and then asked him how much it cost to convert to the biweekly plan.