Monthly vs bi-weekly payments: what riders should know

Most loans show a monthly payment. Many jobs pay every two weeks. Bi-weekly can line up with your pay cycle.

Bi-weekly does not always mean half a monthly payment. You make 26 payments in a year, not 24. That can pay the loan down a bit faster.

Use our site calculator to flip between monthly and bi-weekly on the same price and term. Fees and tax are already in the estimate.

The right choice depends on your budget and how you get paid. There is no single answer for everyone.

Questions about a real quote? Apply free or contact us. We are in Sherwood Park near Edmonton and help buyers nationwide.