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Recast Calculator

Pay down your mortgage with a lump sum, see your new monthly payment.

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Lump sum exceeds or equals the current balance. That would fully pay off the loan, so a recast isn't applicable.

After Recast

Remaining Months on Loan	—
Current Balance	$0
New Principal Balance	$0
New Monthly P&I Payment	$0
Payment Reduction	$0
Lifetime Interest Saved	$0

Estimates only. Recasts usually keep the same interest rate and remaining term, require a minimum lump sum, and may include a servicing fee. Check your lender's recast policy.