Mortgage Payoff Planner

Intro0:00

Here's a truth about mortgages. In the early years, most of your payment isn't building equity. It's paying interest. LandlordPro's free early payoff calculator shows you exactly what that costs. And how to fight back.

Baseline0:15

Take a $95,000 rental mortgage at 7%, paying $7.30 a month. Your payoff is 20 years and 5 months away. And the total interest is $83,661. Almost as much as the loan itself.

Extra principal0:31

Now add just $200 a month toward principal. Paid off 7 years and 5 months sooner. 13 years instead of 20. And $33,791 of interest stays in your pocket. Why does it work?

How it works0:46

Every extra dollar goes straight at the principal. A smaller balance accrues less interest next month, so more of your regular payment hits principal too. And the effect compounds. And if you own several rentals, pay extra on the highest rate loan first, then roll that whole freed up payment into the next one. That's the debt avalanche. And LandlordPro's payoff planner runs it across your entire portfolio automatically.

Summary1:14

Inside LandlordPro, this gets even better. The mortgage payoff planner loads every one of your property loans automatically. It balances rates and minimum payments straight from your portfolio. It even reads your actual rental cash flow and recommends exactly how much extra you can afford to commit each month.

Cascade1:33

Then it builds the cascade. Avalanche, snowball or your own custom order. Drag any loan to a new priority and the whole plan recalculates instantly. On this portfolio, the avalanche beats the snowball by nearly $8,000 of interest. Now you know.

Schedule1:51

And here's the magic. A month by month schedule of every loan, marching to zero. Watch the line of credit hit paid and its freed up payment cascade automatically into the next loan on the list. Debt after debt, faster and faster.

What-if2:06

Wondering what a different number does. Just change it. 2000 a month extra. Debt free in January of 2035. 4000. May of 2032. $129,000 of interest saved. This isn't a calculator. It's a plan for wealth and income. Start with the free calculator. And when you're ready to plan the whole portfolio, get LandlordPro. Free to start and the address is on your screen.