Bi-Weekly Payment Florida Bi-Weekly Payment Calculator The bi-weekly mortgage calculator is designed to allow our Florida Mortgage clients to see first hand the benefits of making a mortgage payment under a bi-weekly schedule can have on the terms of a 30 year loan. The typical borrower can reduce the effective rate of interest paid over the life of a 30 year loan by up to 1% or more. That’s right! Making your mortgage payment on a bi-weekly schedule not only cuts years off your loan, it will save you tens of thousands of dollars and can, in effect, reduce your interest rate without your ever having to refinance. Need help? Need Answers? Give us a call at 1-954-667-9110 or just use our Full Application for more information. Note: When entering information into the data fields for this Calculator, only use numbers and applicable decimal points.