# Mortgage Amortization & Payoff Planner!

**Own Your Home Sooner. Pay Less Interest.**

A complete mortgage planning system in one spreadsheet — see exactly how your loan amortizes, model extra payments, compare two loan scenarios side-by-side, and check your payment against the 28% affordability rule. Just enter your loan amount, rate, and term — everything else updates automatically.

**What's Inside**

- 📊 **Full Amortization Schedule** — every monthly payment for up to 30 years, with principal, interest, and running balance broken out

- 💰 **Extra Payment Modeller** — add a monthly extra payment and instantly see your new payoff date, months saved, and total interest saved

- ⚖️ **Loan Comparison Tool** — model two full scenarios side-by-side (e.g. 30-yr vs 15-yr, or two lender offers) with monthly payment, total interest, and interest-saved differences calculated automatically

- 🏠 **28% Affordability Check** — enter your income and other housing costs to see instantly whether your payment fits the classic 28% rule

- 📈 **Visual Charts** — loan balance over time, principal vs. interest by year, total cost breakdown, and a monthly payment / interest comparison chart for your two scenarios

- ✅ **Built-in Guide & Dashboard** — a Guide sheet to get you started and a Dashboard summarizing your key numbers at a glance

**Why You'll Like It**

Everything recalculates instantly — change your rate, term, or extra payment and every schedule, result, and chart updates automatically, no manual work required.

**What's Included**

- Instant .xlsx download

- Compatible with Microsoft Excel 2016+ and Google Sheets

- No macros, plugins, or add-ons needed

- Lifetime access and all future updates

- Clean, color-coded inputs so you always know what to edit

**Who It's For**

Anyone with a mortgage — or about to take one out. Whether you're comparing loan offers, weighing refinancing, deciding if extra payments are worth it, or just want to see exactly where your payment goes each month, this gives you the real numbers instead of guesswork.

**One-time payment, lifetime access & updates**