Mortgage Calculator
What if I gave up…
The following amounts are added to your additional payment depending on which item you choose to give up:
- Coffee: If the average cup of coffee costs $4.25 and we assume you buy coffee all 30 days in a month, then you would have $128 extra a month to put toward your mortgage.
- Restaurants: If the average meal for two costs $50 and we assume you dine out 4 times in one month, then you would have $200 extra a month to put toward your mortgage.
- Pizza: If the average pizza costs $12 and we assume you have pizza 4 times in one month, then you would have $48 extra a month to put toward your mortgage.
- Soda: If the average 20 oz. drink costs $1.25 and we assume you purchase a soda all 30 days in a month, then you would have $38 extra a month to put toward your mortgage.
- Lunch: If the average meal costs $8 and we assume you buy lunch all 30 days in a month, then you would have $240 extra a month to put toward your mortgage.
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*Our calculation only includes the principal and interest of the payment. Escrow is not included.
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Your mortgage payment should be no more than $0, and your total mortgage amount should be no more than $0
At an interest rate of 4% on a 15-year fixed mortgage, you can afford a: