Projected Payoff Calculator

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What is a Projected Payoff Calculator?

If you are stuck in a 15 or 30 year mortgage and want to pay off your debt early, you’re at the right place. This HELOC Projected Payoff Calculator helps you calculate your loan Payoff time by analyzing many variables. The calculator is also capable of projecting pay off of all or any other debts like credit cards, auto loans, student loans.

Our Projected Payoff Calculator helps you evaluate your financial landscape. Estimated payoff calculations include your total debt. Any student loans, automobile loans, mortgages and credit card debt. You can add all the balances up and put that balance in the mortgage debt field or you can separate them out. The calculator is versatile for many different scenarios. Don’t be afraid to play with numbers and “What If” your scenarios in as many ways you see appropriate for you. The primary goal is to give you ample purpose for contacting a strategist and take a deeper dive into your financial landscape. Remember: Prescription without analysis is malpractice. A friend of mine once asked: Would you get on the operating table without first getting a preliminary exam?

How does the Projected Payoff Calculator work?

The Calculator is easy to use. All you need to do is fill out each field with the required information. Every field is labeled with what you have to insert. With this calculator, you can estimate the payoff period for a range of debts. A step by step guide is provided below.


  • In the “Total Take Home Income” field, (upper right side of form) enter the amount of your take home pay.
    A good guide is your bank statements.  How much are you depositing into your Checking and Savings each month.  Or if you know your “NET” take home pay enter it here.
  • In the “Total Household Expense” field, enter the total spent on household expenses. Only items for everyday expenses is necessary here. For example: Electric Bill, Water Bill, Cell Phone, Groceries, Entertainment, Automobile fuel, Internet etc…
  • Next you will enter the balances owed for your mortgage (Upper Left Field). Total Credit Card Outstanding Balances is under that. Total Vehicle Debt just below that, and any Student Loan Debt is last. You will also enter the Minimum Payments made each month for each of those loans.

How To Calculate Monthly Cash Flow

Once all amounts are inserted your projected payoff projections will be displayed at the bottom of the calculator.

Below is an explanation of how to interpret the pay off projections

1- Mortgage Debt:

The balance and pay off represented here is your projected pay off if you only focused on the mortgage and didn’t consolidate your other debts. Since the focus is on the Mortgage the “Monthly Positive Cash Flow” is only applying toward the mortgage while maintaining the normal payments to the other debts. Consolidating the other debts and focusing on the whole is represented by the “All Debt” box at the bottom right. 

The Mortgage Debt box at the bottom far left is a projected pay off for just the mortgage in the case where debt is not consolidated and income is allocated to those other debts and not considered in the “Equity Optimization” equation. If you add the other debts to the equation, omit the monthly payment amounts. You will notice the “Cash Flow” amount changes.

The Cash flow goes up as you take out the other monthly payments. The Equity Optimization algorithm assumes all debts are consolidated and the aggregate balance is accelerated by the normal Income Deposits and average monthly balance on the account. As an example input $200,000.00 into the mortgage balance field and 1086 into the monthly payment. Input 6k into income and 4k into expenses.

You’ll notice the cash flow is 914.00. If you remove the 1086 from the monthly payment you will notice the cash flow is now 2000.00. The aggregate mortgage monthly payment and the sum difference of the cash flow amount is the 2k aggregate cash flow. 1086 plus 914 is 2k. You can test that by removing the 1086 from the monthly payment field. The Equity Optimization formula assumes the 1086 and the 914 is being cycled through the account.

2- Credit Card Debt:

You can also use this as a credit card payoff calculator. To manually calculate the credit card payoff period, enter the principal balance and the minimum monthly payment. Leave all fields blank except Credit Card Balance and Payment fields.

Suppose you have a credit card debt of $50,000. By considering your monthly cash flow is 2000 and approximately $500 as monthly installments, you would be able to pay back your debt within 2.1 years.

If you are consolidating the debts, assuming a mortgage and a credit card debt is being considered. Consolidating the credit card debt and the mortgage debt and allocating all cash flow to the aggregate debt, look at the All Debt field at the bottom extreme right.

3- Car Debt:

You can also use this Calculator as a car loan payoff calculator by calculating the vehicle debt payoff period. To calculate this, you have to enter the total car debt and the monthly car payment. Add your total monthly income and household expenditures, and a precise estimation will be previewed on your screen. Reference the All Debt field if you plan to consolidate and cycle income through the Equity Optimization account.

4- Student Debt:

Similarly, this Calculator can be used as a student loan repayment calculator based on income. You have to insert the same information and monthly student loan payments to get an exact estimate to pay off your debt.

For example, if you have acquired a $12000 student loan and pay $125 monthly installments. Meanwhile, you earn $1000 through a part-time job and save $300. By calculating all these aspects, you will be able to pay off your debt within 3.3 years.

Bottom Line

Once you estimate the number of years to pay off your mortgage, it becomes easier to set a specific goal. However, making extra money to balance your home expenditures and debt installments can help you save money on interest and pay back the loan quickly.

Get Your Detailed Analysis

You will have access to your personalized comparison analysis of what you are doing today compared to what you could be doing. You will also have the option to receive a series of eBooks that explains the science behind the math.  We do not collect account information, social security numbers or any sensitive information.

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