HOME BUYING, EQUITY, AND BORROWING
Mortgage Recast Calculator
Model a new fixed monthly payment after entering a remaining balance, rate, and remaining term.
Review your result
Your result
Ready when you are.
Enter your values and select Calculate. Your result stays on this device.
How it works
Uses the standard fixed-payment amortization equation with the amount, annual percentage rate, and term you enter.
Assumptions
A planning scenario only. It does not include product-specific fees, insurance, taxes, eligibility, or changes to your rate.
Use case
mortgage recast calculator: a clear planning check
Model a new fixed monthly payment after entering a remaining balance, rate, and remaining term. The stated formula, assumptions, and result limits remain visible so the calculation can be checked in context.
Use a clear mortgage recast calculator scenario with values you can verify before relying on the result.
Source and update
Last reviewed: 2026-08-10
Consumer Financial Protection Bureau — borrowing and mortgage guidanceKeep exploring