You can also use a biweekly loan amortization template to figure out how your payments and schedule differs by making half-payments every two weeks instead of 12 whole payments in a year.

If youre a homeowner, you probably received an amortization schedule during the closing process, but have you looked at it since then? The chart actually has some information about your mortgage ...

Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.