(PRWEB) July 05, 2013
A recently launched website, acalculator.com, has added a Bi-Weekly calculator to its list of financial tool. The website that was launched to help people overcome their financial hurdles offers a wide selection of financial calculators. A team of financial experts from various areas of finance contribute their knowledge and expertise to keep the website current and up to date. The new bi-weekly calculator, according to one of the mortgage experts for acalculator.com will help people recover rapidly during the current economic conditions.
According to the spokesperson for the website, the Bi-weekly calculator was introduced in the wake of an improving economy. He said, “The economy is one the road to recovery and many people are now able to make more payments than they previously were. Bi-weekly mortgage is a great method to take advantage of the situation. By accelerating your payments, you will be able to enjoy thousands of dollars in savings.”
Further explaining the concept, the spokesperson stated that Bi-monthly payment does not double the amount of payments made each month. The amount remains the same but half the total payment is made twice a month. “What really makes a difference is that by the end of the year, you have made thirteen instead of twelve payments. This seemingly minor difference can help you save thousands of dollars in interest,” the spokesperson added.
He further added that a large majority of people do not choose this option because they are unaware of the advantages they can get. The bi-weekly calculator is created to help mortgage orders get a better idea of the amount they will save. The calculator is also able to give a clear picture of how accelerated payments can help cut down the total time of mortgage.
The bi-weekly calculator is not the only mortgage related tool available on the website. Acalculator.com presents a whole list of mortgage calculator including a calculator to compare ARM and fixed rate mortgages, Balloon mortgage calculator and Mortgage points calculator, etc. the website allows users to put these tools on their own website free of cost. A white label service, however, is also available for those who wish to improve branding through customized tools.
Furthermore, website experts regularly share their opinion and financial advice through the blog section. For more information on this subject, visit the website http://www.acalculator.com.
acalculator.com is a newly launched website that offers budgeting and financial calculation tools for free. It was created by a panel of experts with experience in various areas of finance. The website currently features 300 different calculators ranging from mortgage calculator to long term care calculator. The website caters to users from USA, Canada and Australia by providing them essential tools to help them plan their financial future. To contact them, please use the following details.