bit?
You can have either a separate adder or (as I did it before) two different phase values supplied by software: the raw phase and the adjusted phase. If you want an adder to calculate the adjusted phase value, register the value and the timing doesn't suffer.
Just a reminder that the duty cycle will be (2^26/100M)/(1-2^26/100M) or
67.1%/32.9% on average unless you'd care to adjust whenever the MSbit toggles.