Mortgage Recast Calculator
Calculate how much you can lower your monthly mortgage payment with a recast
Mortgage Recast Calculator
Estimate your new monthly payment after recasting your mortgage
The full mortgage recast calculator is available on our main calculator page
Go to Main CalculatorUnderstanding Mortgage Recasting
Lower your payment without refinancing
Fee$200-$500
Much cheaper than refinancing which costs thousands
RateSame Rate
Your interest rate stays the same - no rate shopping needed
TermSame Term
Keeps original loan term but lowers monthly payment
Recast Examples
$50k Lump Sum on $300k
Reduces payment by ~$239/mo
$75k Lump Sum on $400k
Reduces payment by ~$358/mo
$100k Lump Sum on $500k
Reduces payment by ~$477/mo
Benefits
- Lower monthly payments
- Simple process, low fees
- No credit check required
- Keep same rate and term
Calculate Your Mortgage Recast
Use our mortgage calculator to determine how much you can save with a mortgage recast.
Start Calculating