Ahhhh! The dream of no mortgage. This mortgage calculator, also known as a mortgage payoff calculator can show you just that. Unfortunately, many folks are moving backwards with their mortgage and they are not paying it off, but instead re-purchasing their own home. They don't seem to understand the concept of "Live Rich Save Money". The website, along with msfinancialsavvy.com website will allow you to understand that "homes are not for loaning, they are for living", the living really starts and continues when the home is paid off.