Need a Mortgage pre-payment and bi-weekly payment function!?

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I just bought my first home and I want to pay it off by the time I turn 30 years old. I’m 20 and I make 30K a year. My husband does as well. I want to pay an extra $ 50 monthly and $ 5500 yearly towards the mortgage. And I want to do this while making bi-weekly payments for principal/interest/prepayment total. The calculators I have used so far only do 2 out of 3 of the functions I want. And I cut the loan down to about 13 years that way. I know that a calculator doing all three will really knock that time down. I want a calculator that will do all three because I’m ready to pay this off and start on my next property. Can I do this myself? Please help!

Additional Details

0 seconds ago
So anyone who answers knows…I closed on my mortgage with 6.625% for 30 years fixed. I don’t need a recommendation… I would like a solution to my problem. Thanks!
Hey guys..the bi-weekly calculators are awesome. But I need a different kind of calculator.

1. Bi-Weekly
2. monthly prepay and
3. yearly prepay included.

I have already used the bi-weekly calculator from Banksite and included monthly pre-payment. But I want a yearly pre-pay function in addition to these two.
Can I do these functions on my own, without a calculator?

2 Comments
  1. Reply
    rhsaunders
    February 10, 2011 at 3:53 pm

    The standard calculator in the industry is the H-P 12C. It will do all of what you need. But almost any financial calculator should be able to handle all of these problems; they’re routine.

  2. Reply
    matthewkk
    February 10, 2011 at 4:02 pm

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