THE EASY BUDGET
Mortgage Payoff Calculator
$12.99
NOTE: This is a digitally downloaded product.
So you want to pay off your house, do ya? Smart move.
An aggressive mortgage paydown saves you interest and helps you get ever-closer to financial independence & security for your family!
- See how fast you can get ahead of your lender’s schedule and how you are putting the interest payments right back into your pocket
- Quickly calculate mortgage interest saved, keeping you motivated to stay ahead
- Quantify your mortgage-free wins by watching your payoff date get closer and closer
- Include future lump sum payments, like bonuses, tax returns, and leftover spending money to see the true power of your commitment
- Easily adjust payoff dates with lifestyle or income changes, ensuring you stay the course no matter what life throws at you
- Help your spouse or family see the power of an aggressive mortgage paydown plan so that you can be on the same page
Our Mortgage Payoff Calculator gives you a plan for your money. It also helps you stay motivated as you chip away at your mortgage loan. This calculator is not like the rest. You can FULLY customize this mortgage payoff calculator to match your exact payoff plan!
NOTE: This tool works best with Excel, but can also be used with Google Sheets.
To open in Google Sheets, download and save the file to your computer without opening it. Open Google Sheets. In the upper right quadrant, select the Manila folder icon to “upload file”. Refresh often to see calculations.
The Mortgage Calculator is 100% customizable to the payment schedule you prefer!
Are you planning to put a big chunk toward the mortgage every month? What about your future tax return, bonus, or other large amount down the road?
Are you planning to increase your income over the next few years and want to put it toward the mortgage, and you want to know how that will improve your payoff date?
We’ve got you. Ours can totally do that!
+ Fully automated (you fill in the white boxes, everything else will auto calculate!)
+ Space for 1-10 mortgages (must all be fixed and on same payment schedule e.g. monthly)
+ Change and play around with several variables to see how it affects your payoff date
+ Input for one-time lump sum payments on mortgage (bonuses, tax refunds, etc.)
+ Input for expected increases in monthly mortgage payment (future raises, second job, etc.)
+ Shows mortgage payoff date whether you are on a monthly, twice monthly, or biweekly mortgage schedule for your minimum payment
+ Clearly displays your mortgage stats
+ Clearly displays mortgage payoff month and year (will show all calculations on next page)
This saved me an immense amount of time by not having to create my own speadsheet. And let’s be honest, mine certainly wouldn’t have been as comprehensive or pleasing to look at. After filling out the Snowball Calculator, and presenting the information to my husband, I can say we are officially motivated, and united in the goal of paying off our debts and taking control of our finances. When you’re dealing with something as challenging as chipping away at a mountain of debt, a beautiful Excell worksheet can really be a useful and powerful tool. Thank you!
This is a must buy to become gazelle intense! Super easy to use. Gives you a visual to keep you motivated in your debt free journey.
Loveeee this! Best app I’ve ever used. Definitely worth the money and keeps you motivated because it says when you’ll be debt free if you stick to your budget. I wished I would have discovered this sooner.
I love the layout and simplicity of your Debt Snowball Calculator and the tutorial that explains so easily how to use the Debt Snowball Calculator. Can’t wait to use this every month to stay on track!!!
This is one amazing debt snowball calculator. I love that I can put in all my debts I’m working on, customize the amount I put in every month (some months we earn more than others) and it calculates how much money we have remaining along with the debt payoff date for each of the debts. It is so helpful to see a date to work towards. Thank you Easy Budget!