Mortgage Recast Calculator
See how a lump-sum payment to recast your mortgage lowers your monthly payment without changing your interest rate or term.
Inputs
Putting $50,000 toward principal recasts your payment to $2,042/mo, saving $340/mo.
Total savings over the remaining loan: $105,954 (after a $250 recast fee). Same rate, same term, lower payment.
See current ratesCoach Insight
Mortgage Recast Calculator helps users make a home & mortgage decision with clearer numbers, assumptions, and next actions.
Frequently Asked Questions
Everything you need to know.
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Why This Matters
Mortgage Recast Calculator helps users make a home & mortgage decision with clearer numbers, assumptions, and next actions.
How to Use It
- 1Enter your numbers in the input panel.
- 2Review the live results and interpretation on the right.
- 3Use the compare outputs to compare options or plan the next step.
- 4Use the related links below if you want to move from analysis to action.
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