Tijana Simic / Getty Images A bimonthly mortgage payment is a mortgage plan in which half of the scheduled monthly payment is made twice a month. This plan is not to be confused with a biweekly ...

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UraduFact checked by Suzanne KvilhaugReviewed by Lea D. UraduFact checked by Suzanne Kvilhaug A bimonthly mortgage payment is a mortgage plan in which half of the scheduled monthly payment is made ...