Are bi-monthly payments really better?Are bi-monthly payments really better? This is the first time I have heard of them. They say they reduce your loan by 4 or 5 years. Doe they also reduce total cost of the loan, or are you just giving away your money faster? What is behind these?February 20 2013 - Tampa0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.