I was offered a bi-weekly payment option when I bought my last house. As I recall it knocked off about 6 or 7 years of payments on a 30 year loan. Since I was just scraping by at the time I elected to stay with the monthly payment and when I could I payed extra. A bi-weekly is a good way to go if you plan on staying in the home long term and your finances can handle two large payments per month. I’m a little too scatter brained to make sure I always have that much in my checking account.