[singinjeannie]

I've often wondered this myself. If I pay half my payment on the 15th and half on the 30th, should I save some money, seeing as I won't pay the interest on that first half for those 15 days?

I'm not a math wiz. My payment is $935 a month, so I pay $450 on the 15th and $485 on the 30th. at 5.25% interest, how much am I saving on the interest on that $450 in those 15 days?

Anyone???