Creative strategies to find extra money for mortgage payoff. Every dollar counts toward your financial freedom.
From side hustles
Tax returns, bonuses
From reduced spending
Apply your annual tax refund directly to mortgage principal
Put your annual or quarterly bonus toward the mortgage
Walk dogs on weekends through Rover or Wag
Regular plasma donations at local centers
Uber, DoorDash, or TaskRabbit on weekends
Use your professional skills for freelance projects
Cook all meals at home for one month
Buy only essentials (groceries, gas) for 30 days
Declutter and sell items you no longer need
Sell items on Facebook Marketplace, eBay, or Poshmark
Cancel unused subscriptions and services
Call providers to negotiate lower rates on internet, phone, insurance
Lower interest rates on car loans and apply savings
Combine multiple strategies for the biggest impact. Even small amounts add up over time. Try picking one idea from each category to create a comprehensive payoff plan.
Even $100 extra per month can save thousands in interest. Pick one easy idea and build momentum.
Set up automatic transfers to your mortgage the day after you get paid. Out of sight, out of mind.
Mix income generation (side hustles) with expense reduction (no-spend challenges) for maximum impact.
Return to the calculator monthly to see how each extra payment brings your freedom date closer.