The home
Enter today’s mortgage figures—not the original loan amount.
Protection already available
Count only resources intended and realistically available for protecting the home.
Your mortgage-protection picture
Two ways to frame the need: eliminate the mortgage or fund payments for a chosen period.
What this number means
Payoff strategy: provides enough to eliminate the mortgage balance, reducing the family’s ongoing housing burden.
Payment strategy: provides a defined runway of mortgage payments while the household adjusts. It may cost less, but leaves a mortgage balance afterward.
This calculation stays focused on mortgage protection. Final expenses, other debts, education funding and broader income replacement should be evaluated separately if they are part of the family’s goals.
Educational estimate only. This is not an insurance recommendation, quote, application, guarantee, tax advice or financial advice. Actual needs, product availability, premiums, underwriting and policy terms vary. Mortgage payments may include taxes, insurance, association dues or other amounts that change over time. Review the result with appropriately licensed professionals.