How to Pay off Your House in 4 Years

Recently, I provided recommendations to a very nice couple looking for help crafting a debt free plan. Their situation was fairly typical. With a solid income and focus, they are well on their way.

I commonly enter a financial profile into a debt payoff calendar to estimate a debt free date. This date helps you visualize the process of finishing your debt free journey. It also helps people create S.M.A.R.T. goals when crafting a plan to dump debt.

Controlling Cash to Pursue Debt Free Living

I recently noticed a nifty little piece of feedback offered from this calculator. Let me offer a hypothetical example.

  • Let’s say a couple has $50,000 worth of consumer debt.
  • They also begin with an extra $500/month to pay towards debt repayment + an annual lump sum.
  • Let’s say they can retire the debt in 4.5 years.

Here’s where I generally stop and celebrate because my focus is to help people dump debt and regain control of their household finances so they are in a position to build wealth. However, I’ve never continued the visualization exercise. That changes today.

Here’s what blew my mind.

If this hypothetical client continues to direct all the money previously paid toward debt into a conservative investment vehicle (this calculator assumes a 5% interest rate) for the next 4.5 years (the same amount of time needed to dump consumer), they would amass $280,000. The numbers have been changed to protect the innocent.


Guess what the median home price in the United Stated is…$188,900 for the sale of existing homes.

Yes, there are a lot of assumptions in the calculation. One must also assume that an aggressive savings plan can be sustained for an extended period – after working hard to pay off debt. However, even if you save only 2/3 or 1/2 of that original amount, good things will happen.

Does this seem unrealistic? Try the calculator for your personal situation. I know this, debt freedom gives you options. Accomplishing your debt free goals is a great place to start.

Are you ready to eradicate debt? I can help. Take a sneak peek at The GREAT Debt Dump.

Before you go, get your FREE copy of our tips to save more money!

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  1. Sarah says:

    Hello! Thank you for this article and tools! I love the whole idea. I’m just curious, however, what ideas you have for a conservative investment vehicle that yields a 5% interest? Everything I have seen is significantly lower, but maybe I’m missing something. I would love to hear your ideas!

    • Debt Free Divas says:

      Hi Sarah,

      I’m glad you see the value in my hypothetical example. I’m actually working on a real-world example of this. Details later. While I’m not an investment advisor and can’t offer you specific ideas, I would suggest speaking with a financial planner. You can check out my guest on a recent podcast if you’d like to get started with a knowledgeable investment advisor. 3 Things To Do Before Investing.

      Thanks so much for stopping by.

  2. […] year mortgage- higher monthly payments, but less of them in the long run. However, I just stumbled this article by Debt Free Divas on how to pay off a home just four years. Here’s their […]

  3. Kay says:

    Hi i tried to get your 21 ways book but link is missing….

  4. Phylliswwinchester says:


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