Canquest Mortgage Inc.

Is it better for me to make bi weekly payments?

Absolutely! Making biweekly accelerated payments can shave years off of the life of your mortgage . Bi weekly accelerated payments occur every 2 weeks- different than twice per month.

When you make payments every 2 weeks you will be making 2 extra payments per year. These extra payments will be applied directly to your principal, potentially saving you thousands in interest.