“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.”

“If the lender offers that option, then yes, it works. But you have to pay 24 times per year. You can’t arbitrarily select to do it or not on your own.”

There are 52 weeks in a year so it would work out to 26 bi-weekly payments in a year. That would pretty much be like making one extra monthly payment a year.