If you have a Client ID, we can auto-fill your information. Otherwise, you'll enter it manually below.
We are using your age only for long range projections and planning
We are using your age only for long range projections and planning
We are not pulling your credit and your information is not shared with anyone outside of Fire My Mortgage or Mortgage Coaches
Let's talk about Your Home
This helps us understand what you're working with
WHEN YOU BOUGHT YOUR HOME
(Month / Year is fine)
We'll always base the plan on your current mortgage — not past versions.
(An estimate is okay)
(The amount you borrowed when you bought the home)
(Most are 30 years)
📅 Current Mortgage Details (After Refinance)
We need to know when your CURRENT mortgage began (the refinance date), not the original purchase.
⬆️ This is the REFINANCE date - when your new loan started
(Starting balance of your current loan)
(Helps us understand your equity story)
WHERE THE LOAN STANDS TODAY
(Current balance — check your last statement)
(You can find this on your mortgage statement)
HOME VALUE & COSTS
(Estimate is fine — think Zillow/Redfin value)
(Most mortgages include escrow — check your statement if unsure)
The amount that leaves your account each month (including escrow)
Note: If you already converted to Full HELOC, you can skip this — you'll enter your HELOC details later.
✓ Does this look right?
Estimated loan-only payment (P&I):$—
Estimated total monthly housing cost:$—
(If either number looks off, adjust your payment, taxes, or insurance above.)
Your Monthly Household Income
(this helps us see what fuel is available for your Payoff Power)
PRIMARY INCOME
What actually hits your bank account each payday (after taxes & deductions)
Optional — bonuses, commissions, side work. Not sure? Click for help.
Add your last 6–12 months of variable income and divide by the number of months to get a monthly average.
CO-BORROWER INCOME
What actually hits their bank account each payday
Optional — click for help averaging.
Add the last 6–12 months of variable income and divide by the number of months.
💡 Pay Timing (for cashflow mapping)
This helps us time your debt payoffs with your paychecks — the secret to the strategy.
We'll use this to map your cashflow timing
ℹ️ This timing data unlocks the Cash Flow Mapper tool in your course
Quick check — does this look right?
Primary monthly income:$0
Additional income (avg):$0
Total monthly income:$0
(This doesn't need to be perfect - just close enough to model your options.)
Secured & Structured Debt
Vehicle loans
Personal Loans
We don't need details - just the numbers that affect your monthly cash flow.
Credit Cards & Revolving Balances
This is just an inventory - not a judgement
Monthly Expenses
Everyday living expenses (separate from your mortgage and loans)
Smart estimates loaded based on your income. Adjust any amounts that feel off.
(Electric, gas, water & trash)
(Internet, mobile, streaming packages, cable)
(Fuel, maintenance, transit not payments)
(Auto, life, umbrella, other)
(Medical, prescriptions, gym, therapy)
(Hobbies, activities, fun stuff)
(Kid's expenses, school, child support, etc)
(Haircuts, clothing, personal items)
(only include your regular giving)
💡 Leave blank or enter zero for categories that don't apply to you.
Here's what we think your month looks like...
Does anything feel off? Now's the time to catch it.
💰 What comes in
Monthly take-home income:$0
🏠 What goes out
Living expenses:-$0
All debt payments (mortgage + other):-$0
⭐ What's left each month
$0
This monthly margin is what we use to build your payoff plan
If it feels close to real life — we're ready to go.
We're going to model your plan using smart, conservative defaults.
(You can always tune assumptions later with a coach, if you choose.)
Building your Zero Debt plan... (Let's take a look at what this unlocks)
🏠 Equity Assessment & Funding Strategy
Let's determine the best funding approach for your situation
📊 Your Home Equity Analysis
Current Market Value:$0
Current Mortgage Balance:$0
Current Equity:$0
Equity Percentage:0%
Available at 80% LTV:$0
Less Current Mortgage:-$0
Maximum HELOC Available:$0
Required First Chunk:$0
💰 Select Your Funding Strategy
Choose how you'll fund your debt elimination chunks. Each option has different advantages based on your situation.
✓ RECOMMENDED
Most flexible option - borrow only what you need, when you need it. Interest calculated daily.
Current average is 7-9%
Typically 80-90% for HELOC
Amount you currently owe
Maximum amount approved
Use your savings - zero interest cost but requires significant liquid reserves plus emergency buffer.
Must exceed first chunk + 3-6 month emergency fund
⚠️ Insufficient Cash: You need at least $0 (chunk + 6-month emergency buffer of $0)
✓ Sufficient Cash: You have enough to proceed safely with cash funding.
ADVANCED
Only viable with 0% promotional APR - must cycle chunks BEFORE promo expires. Requires discipline.
Typically 12-18 months
Must exceed chunk size
We'll warn if chunks won't cycle before promo ends
⚠️ HIGH RISK:
BEST RATE
Often the best financial option (low/no interest) but consider relationship dynamics carefully.
How much can they lend?
Often 0%, sometimes low rate
💡 Pro Tip: Create a simple written agreement even for family loans. It protects everyone and keeps relationships healthy.
Borrow against whole life or universal life cash value. Competitive rates, but reduces death benefit until repaid.
Check your policy statement
Typically 4-8% fixed
For impact calculation (optional)
Note: Policy loans aren't taxable and don't require credit checks. Death benefit is reduced by outstanding loan + interest if not repaid.
ADVANCED
Refinance your entire mortgage INTO a HELOC. All debts consolidated immediately - start paycheck parking on day one. Simpler but requires discipline.
✓ Advantages:
Consolidate ALL debts immediately
Start paycheck parking day one
Simpler execution (one loan)
Often fastest payoff IF disciplined
⚠️ Risks:
Higher interest rate (usually 7% vs 6.5%)
Variable rate risk
Too easy to tap line for expenses
Requires strong emergency fund FIRST
📋 Your HELOC Conversion Status:
Current average ~7%
Typically $200-500
Includes car loans, credit cards, personal loans - everything gets paid off immediately
✓ Great! Since you've already converted, we'll track your remaining payoff from your current position.
Month/year you refinanced into the HELOC (for tracking purposes)
Original amount when you converted (mortgage + closing costs)
Have you tapped the HELOC for anything since converting? (Roof, car, emergency, etc.) Enter the total additional amount.
Example: You converted with $250k balance. Then borrowed $15k for a new roof and $5k for car repairs. Enter $20,000 here.
What you owe right now (check your statement)
Your current rate
📊 Your Progress Since Conversion:
Starting balance:$0
Additional borrowed:+$0
Current balance:$0
Principal paid down:$0
💡 Note: Since you already converted, we won't ask for traditional mortgage details. We'll calculate your remaining timeline based on your current HELOC balance.
⚙️ Advanced Strategy Settings
Higher multiplier = larger chunks but longer to pay back each one
Reserve cushion in funding source (20% recommended)
When does your income hit your account? We'll optimize interest savings around these dates.
🛡️ Emergency Fund Strategy
Building an emergency fund WHILE paying off debt is the financially prudent approach. It takes slightly longer but protects you from setbacks.
💡 Pro Tip: Directing your entire bonus to debt payoff can save months or even years on your timeline!
⚠️ Scenario Modeling: Unexpected Expenses
Model what happens if you need to tap your funding source for unexpected costs during payoff. See the TRUE cost of "small" decisions.
Example: "New roof in month 24: $15,000" - Calculator will show this delays payoff by 8 months and costs $4,250 in extra interest. That $15k roof actually costs you $19,250!
YOUR ZERO DEBT SNAPSHOT
(This is the clarity of the right sequence)
INTEREST SAVED
$0
Based on your numbers, this is money you no longer send to the bank.
Debt-free by
-
-
-
-
-
Potential upside
$0
if invested at 7% assumed rate of return
BEST OF ALL - This plan doesn't require more income — just a better sequence.
📊 Cashflow Snapshot - Your Real Life Revealed
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📅 Your Complete Payoff Schedule
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📈 How common payoff strategies compare
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💰 What your payment can become
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✅ Your Next Big Moves
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🔧 Want to Model Different Scenarios?
▼
Adjust any of the inputs below and run a new scenario to see how changes in your financial picture affect the timeline.
📈 Income Scenarios
Applies a compounding % raise each year to your surplus
Applied directly to debt in month 1 of the strategy
Permanent monthly income increase or decrease
When the income change kicks in
📊 Scenario vs. Your Base Plan
Base payoff
—
Scenario payoff
—
Time difference
—
Base interest saved
—
Scenario interest saved
—
Scenarios use the same strategy logic as your base plan. Results are illustrative.
Disclaimer: Estimates only. Results may vary. 7% investment return not guaranteed. Consult a financial advisor.