Get Your Free Pastor Mortgage Refinance Calculator!
Finally know whether keeping your mortgage, refinancing, or paying it off aggressively makes the most financial sense for YOUR situation—factoring in the housing allowance benefits that completely change the math.
Fill out the form below to receive this Excel tool in your inbox.
What's Inside
This comprehensive calculator includes:
Tax Information – Input your highest marginal tax rates, both with and without your mortgage counted towards your housing allowance.
Current Mortgage Scenario – Enter your current mortgage information to see your net tax savings and total interest paid to maturity.
Refinance Scenario – Compare a potential refinance side-by-side with your current mortgage, showing the net benefit. If the box is green, it could save you in the long run — if it’s red, you’re better off with your existing mortgage.
Aggressive Payoff Analysis – See at a glance how much net savings you would get if you paid off your house immediately. If this is a positive number, then paying down your existing mortgage aggressively would be a good move!
Why This Tool Matters
Without factoring in housing allowance benefits, generic mortgage calculators give you wrong answers. This tool shows you:
✅ Whether that "smart" refinance will actually cost you more
✅ Exactly how much you'd "lose" in tax benefits by paying off early
✅ The real net cost of each scenario—YOUR numbers, not generic advice
✅ Confidence to make your decision and stop second-guessing
Quick FAQ
"What if I don't know my exact tax bracket?" — Ask your tax preparer, or check your most recent return. There’s often a tax summary that shows this information.
"Can I use this for a mortgage I'm considering taking out?" — Absolutely! You can use the tool to compare any two loan options.
"Need help interpreting your results?" — Ask questions in the Sacred Capital Community or schedule a coaching consultation at shepherdswallet.com/coaching.
The Bottom Line
You've already learned why pastor mortgage math is different. Now get YOUR specific numbers so you can make this decision with confidence.
Taking 20 minutes with this calculator could save you thousands over the life of your loan—or give you peace of mind to pursue debt freedom without nagging doubts.