Bi-Weekly Mortgage Payment Calculator Canada 2025

Regular vs accelerated bi-weekly • Interest savings • Payoff timeline comparison

Switching to accelerated bi-weekly mortgage payments is one of the easiest ways to pay off your mortgage faster and save thousands in interest — without feeling the pinch.

Bi-Weekly vs Accelerated Bi-Weekly: What's the Difference?

• Regular bi-weekly: Monthly payment divided by 2, paid 26 times per year. Same total annual payment as monthly.
• Accelerated bi-weekly: Also paid 26 times per year, but each payment equals exactly half the monthly payment — resulting in one extra monthly payment per year.

The accelerated option is where the real savings come from. You make the equivalent of 13 monthly payments per year instead of 12, which dramatically reduces your principal faster.

How Much Can You Save?

On a typical $500,000 mortgage at 5.25% over 25 years, switching to accelerated bi-weekly payments can save over $35,000 in interest and shave 3+ years off your mortgage.