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What is the difference between weekly, bi – weekly, semi – monthly, or monthly payments?

Bi difference PAYMENTS semi
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What is the difference between weekly, bi – weekly, semi – monthly, or monthly payments?

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Accelerated payments ie. weekly or bi – weekly repay your principle back sooner than semi – monthly payments. You can save up to 41/2 years on your amortization by utilizing an accelerated payment.

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