Yeah, perfect, except weeks are not exact, it varies from 52 to 54 depends on the year ar, one more thing, it's not how you pay it, it's how they calculate it, thus you can be making bi-weekly payment
slimpiggy(瘦猪犹如插翅虎)
but they could be compounding it weekly,
as you can see, the more frequent they compound, the higher the rate