Mortgage Recast Calculator
Calculate new payment after mortgage recast
$
$
%
years
Formula
New Payment = (B-L) × r(1+r)^n / ((1+r)^n - 1)
Recalculates payment after lump sum reduces principal.
Examples
50k, $50k lump sum
Reduces monthly payment significantly.
Frequently Asked Questions
About Mortgage Recast
Calculate your new mortgage payment after a recast.
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