Description
Mortgage Payoff with Line of Credit – Excel Template
This Excel template is designed to help homeowners explore and plan an accelerated mortgage payoff strategy using a line of credit (LOC). By simulating various scenarios, it allows users to visualize how leveraging an LOC for lump-sum payments can reduce interest costs and shorten the loan term.
Ideal for personal finance planning, mortgage coaching, and debt reduction strategies, this tool provides clarity and insight for informed decision-making.
Key Features:
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Simulates mortgage payoff using line of credit payments
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Calculates interest savings and reduced loan duration
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Includes amortization schedules and comparison charts
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Fully editable and user-friendly in Excel
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Suitable for individuals, financial coaches, and real estate investors
