Mortgage Destroyer
The decisions a mortgage puts in front of you, compared with your own numbers.
Most mortgage templates show an amortization table and stop there. This one adds three tools built for mortgage decisions: a Recast Analyzer, a Refinance Break-Even calculator that shows when a refinance pays for itself, and a PMI Freedom tracker for your path to dropping PMI.
You enter your loan numbers, and the sheet runs the analysis. The workbook has 10 tabs.
- Recast analyzerWeighs the effect of recasting your loan against your current terms.
Recast - Refinance break-evenShows when a refinance would pay for itself.
Refinance - PMI freedomTracks your path to dropping PMI.
PMIFreedom - Your mortgageWhere you enter your loan.
MyMortgage - AmortizationThe full amortization schedule.
Amortization - Monthly tracker and annual progressFollow the payoff month by month and year by year.
MonthlyTracker, AnnualProgress
- Before release, the English version passed its 13-test automated suite.
- Like every FinanzaX template, it went through an automated test suite, a measured WCAG AA contrast audit, and a render and PDF verification.
What do I receive?
A link to make your own editable copy of the Google Sheets template, delivered instantly after purchase on Gumroad.
What do I need to use it?
A free Google account and Google Sheets. There is nothing to install.
Is it available in Spanish?
Yes. The Spanish version is Destructora de Hipoteca, a separate product with its own page.
Does it tell me to recast or refinance?
No. It compares the options with your own numbers. What to do with your loan is your decision.
Is this financial advice?
No. FinanzaX products are educational tools. They do not provide financial, investment, tax, legal, accounting, or any other professional advice, and using one does not substitute for advice from a licensed professional who knows your particular situation.
This FinanzaX template is an educational digital tool that helps you organize and track your own financial information. It does not provide personal financial, investment, tax, legal, or accounting advice. All figures shown are estimates based on the information you enter, not guarantees of any outcome. FinanzaX and its creator are not responsible for any financial loss, damage, or decision resulting from the use of this product, to the maximum extent permitted by applicable law. As a digital product delivered instantly upon purchase, refunds are subject to applicable law and the refund policy of the platform (Gumroad) where you purchased it. By purchasing, you acknowledge that you have reviewed this disclaimer and the Terms of Use included in the product.