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Modified Wh 327 Biweekly Form

Modified Wh 327 Biweekly Form

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Quick guide on how to complete wh 347 biweekly payroll

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Instructions and help about rt

let's talk about bi-weekly payments how do they work normally you pay a mortgage once a month bi-weekly payments are just that you pay half of your mortgage payment every two weeks now what most people think is I'm just making the same payment so hey no big deal well let's do some math here if you're paying once a month you're paying 12 full payments however if you are paying once every two weeks you are paying 26 half payments well 26 half payments is the same as 13 whole payments in reality when you're on bi-weekly payments they're almost tricking you into one extra payment a year from a budgeting perspective most people feel those half payments every two weeks is no big deal so they're able to accelerate the payment on their mortgage build their Equity faster and have their home paid off but somewhere between six and seven years early

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