Your amortization schedule shows the total amount of interest paid over the life of your home loan. There are several "bi-weekly" payment programs available that are designed to reduce the total outlay, but usually they involve additional fees, along with the burden of writing and mailing a check every 2 weeks or establishing electronic bank drafts to occur every two weeks. (This means you make 26 payments a year). A simpler, more flexible approach would be to divide your payment by 12 and add this to your payment each month. (Make sure you enter it on the additional principal line) Another advantage is that you have control of the amount added each month. If you are short on cash one month you don't have to add it, or if you are a first time buyer you may want to add a lower amount each month at first and increase it as your income increases.  
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