HOW YOU STRUCTURE YOUR MORTGAGE PAYMENTS MATTERS
- johnathanmcquoid
- Jan 17
- 2 min read
Most homeowners focus on interest rates — but *how you schedule your payments* can have just as much impact on how fast you eliminate your mortgage.
Choosing the right frequency can save years off your amortization and tens of thousands in interest.
Here’s how each option works 👇
1️⃣ Monthly payments
This is the standard setup most people choose.
✔️ lowest payment amount
✔️ easiest to budget
✔️ slowest way to repay the mortgage
One payment per month means less frequent principal reduction.
2️⃣ Bi-weekly payments
Your monthly payment is divided into 26 payments per year.
✔️ payments every 2 weeks
✔️ still totals the same as monthly
✔️ slightly smoother cash flow
This does *not* speed up the mortgage unless accelerated.
3️⃣ Accelerated bi-weekly payments
This is one of the most powerful repayment structures.
✔️ monthly payment ÷ 2
✔️ results in 26 payments — equal to 13 “full” payments
✔️ knocks years off your mortgage
You secretly make an extra payment each year without feeling it as much.
4️⃣ Semi-monthly payments
Two payments per month = 24 payments per year.
✔️ consistent timing
✔️ aligns with twice-monthly income
❌ does NOT accelerate payoff
Semi-monthly offers convenience, not speed.
5️⃣ Weekly payments
Your monthly payment divided into 52 payments.
✔️ smooth weekly budgeting
✔️ smaller per-payment amount
❌ no time savings
Like bi-weekly, this only speeds up with the accelerated option.
6️⃣ Accelerated weekly payments
This is the fastest and most aggressive method.
✔️ monthly payment ÷ 4
✔️ equivalent to 13 monthly payments per year
✔️ reduces amortization and interest dramatically
A great choice if your cash flow supports it.
💬 Final Thought
Your payment frequency can drastically change how quickly you build equity.
If you want to compare the interest savings between each option, message The Frontline Mortgage Group and we’ll calculate it for your exact scenario. 💬