Is MaxMyEquity a bi-weekly program?
No. With a bi-weekly, instead of paying your mortgage once a month, you make the payment every two weeks. The bi-weekly strategy is that over the course of 12 months you will end up making an additional payment, the 13th, so you end up paying off a 30-year loan in 22-23 years. MaxMyEquity will show you how to pay a 30 year mortgage in 10 years or less, a 15 year mortgage in 5 years or less.
