Biweekly vs Monthly Mortgage: Which Option is Best?


Emma Potter

In the current economic context, the optimal management of real estate loans represents one of the main challenges for families. Among the various strategies available to lighten the burden of mortgages on the family budget, the biweekly mortgage emerges as an innovative and advantageous solution.

This repayment method, which involves paying installments every two weeks rather than monthly, offers numerous benefits, including a reduction in interest and an acceleration of the debt repayment process.

Let's analyze together the details of how the biweekly mortgage works, exploring how it differs from traditional payment plans and what elements to consider to evaluate its convenience.

Biweekly mortgage: definition and operation

The biweekly mortgage is a repayment option that allows borrowers to make installment payments every two weeks instead of on a monthly basis. This approach allows you to insert an extra installment each year, as the annual installment count rises to 26 half installments, equivalent to 13 full monthly installments.

This mechanism has the immediate effect of reducing the residual capital faster than traditional monthly repayment plans, resulting in a decrease in interest total amounts due over the life of the mortgage and an anticipation of the debt repayment times.

This payment method is particularly advantageous for those seeking to optimize the management of their real estate debt, offering an effective solution to accelerate the path towards liberation from one of the most significant financial burdens for families.

By adopting the biweekly mortgage, borrowers can not only save on interest but also achieve complete ownership of their home sooner.

How to activate the mortgage payment every 2 weeks?

To implement a biweekly repayment plan, borrowers must first agree to this payment method with the lender when taking out the mortgage. Not all banking institutions offer this option by default; therefore, it may be necessary to specifically request it or evaluate the possibility of modifying it subsequently, for example when subrogating the mortgage.

Setting up a biweekly payment involves careful financial planning. Borrowers will have to arrange payments so that twice a year equates to three payment semesters instead of two, due to the distribution of the 26 half-payments.

It is essential that the mortgage contract clearly reflects this repayment frequency, specifying the total number of installments, deadlines and every detail relating to the calculation of interest and the management of the grace period, if any.

Furthermore, some credit institutions may require a verification of the financial sustainability of this payment method for the borrower, ensuring that the monthly cash flow is adequate to cover the installments with the new frequency. The choice to switch to a biweekly plan should therefore be carefully evaluated, considering the potential impacts on family budget management.

Advantages and disadvantages of a biweekly payment mortgage

Opting for a biweekly mortgage has significant benefits, but it also introduces some potential complications that need consideration.

A primary benefit of this method is the saving on overall interest, thanks to the possibility of reducing the residual capital more quickly by means of an extra installment per year. This not only reduces the total cost of the loan but also accelerates the achievement of full ownership of the property, shortening the duration of the loan.

For those who earn income on a weekly or biweekly basis, biweekly mortgage payments can also make budgeting easier by spreading out outgoings more evenly over time and potentially reducing the financial stress associated with concentrated payment deadlines.

However, increased payment frequency requires more careful financial planning, increasing the complexity in managing personal finances. This may also impact available liquidity in the short term, limiting flexibility in dealing with unexpected expenses or making other investments. In some cases, lenders may apply specific fees for biweekly payments or require contract changes that introduce additional costs.

Fragmentation of payments, while making planning easier for some, may be less advantageous for those who need greater financial flexibility to respond to changes in income or emerging spending needs.

The choice to adopt a biweekly repayment plan for your mortgage should therefore be the result of a careful evaluation of your financial conditions, spending habits and ability to regularly manage more frequent payments, balancing the long-term benefits with your needs. of liquidity and short-term flexibility.


In conclusion, the biweekly mortgage emerges as a flexible and potentially advantageous repayment option for borrowers looking to optimize the management of their real estate debt. By offering the possibility of making more frequent payments and inserting an extra installment per year, this method allows you to reduce the residual capital more quickly, consequently decreasing the total interest paid and shortening the time it takes to repay the mortgage.

However, the decision to adopt a biweekly plan requires careful financial planning and a careful evaluation of your budgeting skills, taking into account both the benefits and potential complications of higher payment frequency.

For those who can navigate the challenges associated with this payment method, the biweekly mortgage can be an effective strategy for moving faster toward financial freedom while reducing the interest burden on families' shoulders.