The two most common payment frequencies are monthly and accelerated bi-weekly payments, although the option does exist to do semi-monthly, bi-weekly, weekly and accelerated weekly.

Here’s a quick run through of each.

Monthly

Semi-monthly

Bi-weekly

Accelerated bi-weekly

Weekly

Accelerated weekly

Phew! Take a break and reward yourself if you read all that 🙂

 

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the mint mortgage crew