Precast concrete is a construction product produced by casting concrete in a reusable mold or form which is then cured in a controlled environment, transported to the construction site and lifted into place. In contrast, standard concrete is poured into site-specific forms and cured on site.
What They Are. Semi-monthly payments are payments made twice per month on the 1st and 15th rather than once per month on your regular due date. The balance due remains unchanged; if your mortgage is $1,200 per month, you would make a payment of $600 twice each month.
Instead of making a single monthly mortgage payment each month, or 12 mortgage payments a year, you make a half mortgage payment every two weeks. And because there are 52 weeks in a year, that equates to 26 half mortgage payments annually, or 13 total monthly mortgage payments.The result is an additional mortgage payment each year, but of course itâs not that simple. Nothing ever is.nd that a biweekly mortgage can shave years off the life of your loan and help you accrue equity in your home fast. Well, itâs true! Pardon the exclamation point. Anyways, âbiweekly mortgage paymentsâ are a sort of accelerated mortgage payoff system that allow you to make an extra monthly payment each year.