| Home | Refinance Calculator | Mortgage Calculator | HELOC Calculator | Home Equity Loan Calculator |
Recasting $350,000 Mortgage Calculator is used to calculate whether or not it is worth recasting your $350K mortgage.
Mortgage Recast Results |
||||||
Recast Mortgage Balance: |
$303,425.00 | |||||
Monthly Payment: |
$2,508.65 | |||||
Total # Of Payments: |
206 | |||||
Start Date: |
Nov, 2024 | |||||
Payoff Date: |
Dec, 2041 | |||||
Total Interest Paid: |
$213,357.56 | |||||
Total Payment: |
$516,782.56 | |||||
Original Mortgage Vs. Mortgage Recast |
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| Comparison | Original | Recast | ||||
|---|---|---|---|---|---|---|
| Monthly Payment | $2,900.25 | $2,508.65 | ||||
| Total Interest | $244,902.27 | $213,357.56 | ||||
| Fees | $0 | $650 | ||||
| Savings | $0 | $30,894.71 | ||||
Mortgage Amortization Schedule |
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| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
| Nov, 2024 | 1 | $1,732.05 | $776.60 | $2,508.65 | $302,648.40 | |
| Dec, 2024 | 2 | $1,727.62 | $781.04 | $2,508.65 | $301,867.36 | |
| Jan, 2025 | 3 | $1,723.16 | $785.49 | $2,508.65 | $301,081.87 | |
| Feb, 2025 | 4 | $1,718.68 | $789.98 | $2,508.65 | $300,291.89 | |
| Mar, 2025 | 5 | $1,714.17 | $794.49 | $2,508.65 | $299,497.40 | |
| Apr, 2025 | 6 | $1,709.63 | $799.02 | $2,508.65 | $298,698.38 | |
| May, 2025 | 7 | $1,705.07 | $803.58 | $2,508.65 | $297,894.80 | |
| Jun, 2025 | 8 | $1,700.48 | $808.17 | $2,508.65 | $297,086.63 | |
| Jul, 2025 | 9 | $1,695.87 | $812.78 | $2,508.65 | $296,273.84 | |
| Aug, 2025 | 10 | $1,691.23 | $817.42 | $2,508.65 | $295,456.42 | |
| Sep, 2025 | 11 | $1,686.56 | $822.09 | $2,508.65 | $294,634.33 | |
| Oct, 2025 | 12 | $1,681.87 | $826.78 | $2,508.65 | $293,807.55 | |
| Nov, 2025 | 13 | $1,677.15 | $831.50 | $2,508.65 | $292,976.05 | |
| Dec, 2025 | 14 | $1,672.40 | $836.25 | $2,508.65 | $292,139.80 | |
| Jan, 2026 | 15 | $1,667.63 | $841.02 | $2,508.65 | $291,298.78 | |
| Feb, 2026 | 16 | $1,662.83 | $845.82 | $2,508.65 | $290,452.96 | |
| Mar, 2026 | 17 | $1,658.00 | $850.65 | $2,508.65 | $289,602.30 | |
| Apr, 2026 | 18 | $1,653.15 | $855.51 | $2,508.65 | $288,746.80 | |
| May, 2026 | 19 | $1,648.26 | $860.39 | $2,508.65 | $287,886.41 | |
| Jun, 2026 | 20 | $1,643.35 | $865.30 | $2,508.65 | $287,021.11 | |
| Jul, 2026 | 21 | $1,638.41 | $870.24 | $2,508.65 | $286,150.86 | |
| Aug, 2026 | 22 | $1,633.44 | $875.21 | $2,508.65 | $285,275.66 | |
| Sep, 2026 | 23 | $1,628.45 | $880.20 | $2,508.65 | $284,395.45 | |
| Oct, 2026 | 24 | $1,623.42 | $885.23 | $2,508.65 | $283,510.22 | |
| Nov, 2026 | 25 | $1,618.37 | $890.28 | $2,508.65 | $282,619.94 | |
| Dec, 2026 | 26 | $1,613.29 | $895.36 | $2,508.65 | $281,724.58 | |
| Jan, 2027 | 27 | $1,608.18 | $900.48 | $2,508.65 | $280,824.10 | |
| Feb, 2027 | 28 | $1,603.04 | $905.62 | $2,508.65 | $279,918.48 | |
| Mar, 2027 | 29 | $1,597.87 | $910.79 | $2,508.65 | $279,007.70 | |
| Apr, 2027 | 30 | $1,592.67 | $915.98 | $2,508.65 | $278,091.72 | |
| May, 2027 | 31 | $1,587.44 | $921.21 | $2,508.65 | $277,170.50 | |
| Jun, 2027 | 32 | $1,582.18 | $926.47 | $2,508.65 | $276,244.03 | |
| Jul, 2027 | 33 | $1,576.89 | $931.76 | $2,508.65 | $275,312.27 | |
| Aug, 2027 | 34 | $1,571.57 | $937.08 | $2,508.65 | $274,375.19 | |
| Sep, 2027 | 35 | $1,566.23 | $942.43 | $2,508.65 | $273,432.76 | |
| Oct, 2027 | 36 | $1,560.85 | $947.81 | $2,508.65 | $272,484.96 | |
| Nov, 2027 | 37 | $1,555.43 | $953.22 | $2,508.65 | $271,531.74 | |
| Dec, 2027 | 38 | $1,549.99 | $958.66 | $2,508.65 | $270,573.08 | |
| Jan, 2028 | 39 | $1,544.52 | $964.13 | $2,508.65 | $269,608.95 | |
| Feb, 2028 | 40 | $1,539.02 | $969.64 | $2,508.65 | $268,639.31 | |
| Mar, 2028 | 41 | $1,533.48 | $975.17 | $2,508.65 | $267,664.14 | |
| Apr, 2028 | 42 | $1,527.92 | $980.74 | $2,508.65 | $266,683.40 | |
| May, 2028 | 43 | $1,522.32 | $986.34 | $2,508.65 | $265,697.07 | |
| Jun, 2028 | 44 | $1,516.69 | $991.97 | $2,508.65 | $264,705.10 | |
| Jul, 2028 | 45 | $1,511.02 | $997.63 | $2,508.65 | $263,707.47 | |
| Aug, 2028 | 46 | $1,505.33 | $1,003.32 | $2,508.65 | $262,704.15 | |
| Sep, 2028 | 47 | $1,499.60 | $1,009.05 | $2,508.65 | $261,695.10 | |
| Oct, 2028 | 48 | $1,493.84 | $1,014.81 | $2,508.65 | $260,680.29 | |
| Nov, 2028 | 49 | $1,488.05 | $1,020.60 | $2,508.65 | $259,659.69 | |
| Dec, 2028 | 50 | $1,482.22 | $1,026.43 | $2,508.65 | $258,633.26 | |
| Jan, 2029 | 51 | $1,476.36 | $1,032.29 | $2,508.65 | $257,600.97 | |
| Feb, 2029 | 52 | $1,470.47 | $1,038.18 | $2,508.65 | $256,562.79 | |
| Mar, 2029 | 53 | $1,464.55 | $1,044.11 | $2,508.65 | $255,518.68 | |
| Apr, 2029 | 54 | $1,458.59 | $1,050.07 | $2,508.65 | $254,468.61 | |
| May, 2029 | 55 | $1,452.59 | $1,056.06 | $2,508.65 | $253,412.55 | |
| Jun, 2029 | 56 | $1,446.56 | $1,062.09 | $2,508.65 | $252,350.46 | |
| Jul, 2029 | 57 | $1,440.50 | $1,068.15 | $2,508.65 | $251,282.31 | |
| Aug, 2029 | 58 | $1,434.40 | $1,074.25 | $2,508.65 | $250,208.06 | |
| Sep, 2029 | 59 | $1,428.27 | $1,080.38 | $2,508.65 | $249,127.68 | |
| Oct, 2029 | 60 | $1,422.10 | $1,086.55 | $2,508.65 | $248,041.13 | |
| Nov, 2029 | 61 | $1,415.90 | $1,092.75 | $2,508.65 | $246,948.38 | |
| Dec, 2029 | 62 | $1,409.66 | $1,098.99 | $2,508.65 | $245,849.39 | |
| Jan, 2030 | 63 | $1,403.39 | $1,105.26 | $2,508.65 | $244,744.12 | |
| Feb, 2030 | 64 | $1,397.08 | $1,111.57 | $2,508.65 | $243,632.55 | |
| Mar, 2030 | 65 | $1,390.74 | $1,117.92 | $2,508.65 | $242,514.63 | |
| Apr, 2030 | 66 | $1,384.35 | $1,124.30 | $2,508.65 | $241,390.34 | |
| May, 2030 | 67 | $1,377.94 | $1,130.72 | $2,508.65 | $240,259.62 | |
| Jun, 2030 | 68 | $1,371.48 | $1,137.17 | $2,508.65 | $239,122.45 | |
| Jul, 2030 | 69 | $1,364.99 | $1,143.66 | $2,508.65 | $237,978.78 | |
| Aug, 2030 | 70 | $1,358.46 | $1,150.19 | $2,508.65 | $236,828.59 | |
| Sep, 2030 | 71 | $1,351.90 | $1,156.76 | $2,508.65 | $235,671.84 | |
| Oct, 2030 | 72 | $1,345.29 | $1,163.36 | $2,508.65 | $234,508.48 | |
| Nov, 2030 | 73 | $1,338.65 | $1,170.00 | $2,508.65 | $233,338.48 | |
| Dec, 2030 | 74 | $1,331.97 | $1,176.68 | $2,508.65 | $232,161.80 | |
| Jan, 2031 | 75 | $1,325.26 | $1,183.40 | $2,508.65 | $230,978.40 | |
| Feb, 2031 | 76 | $1,318.50 | $1,190.15 | $2,508.65 | $229,788.25 | |
| Mar, 2031 | 77 | $1,311.71 | $1,196.95 | $2,508.65 | $228,591.30 | |
| Apr, 2031 | 78 | $1,304.88 | $1,203.78 | $2,508.65 | $227,387.53 | |
| May, 2031 | 79 | $1,298.00 | $1,210.65 | $2,508.65 | $226,176.88 | |
| Jun, 2031 | 80 | $1,291.09 | $1,217.56 | $2,508.65 | $224,959.32 | |
| Jul, 2031 | 81 | $1,284.14 | $1,224.51 | $2,508.65 | $223,734.81 | |
| Aug, 2031 | 82 | $1,277.15 | $1,231.50 | $2,508.65 | $222,503.31 | |
| Sep, 2031 | 83 | $1,270.12 | $1,238.53 | $2,508.65 | $221,264.78 | |
| Oct, 2031 | 84 | $1,263.05 | $1,245.60 | $2,508.65 | $220,019.18 | |
| Nov, 2031 | 85 | $1,255.94 | $1,252.71 | $2,508.65 | $218,766.47 | |
| Dec, 2031 | 86 | $1,248.79 | $1,259.86 | $2,508.65 | $217,506.60 | |
| Jan, 2032 | 87 | $1,241.60 | $1,267.05 | $2,508.65 | $216,239.55 | |
| Feb, 2032 | 88 | $1,234.37 | $1,274.29 | $2,508.65 | $214,965.27 | |
| Mar, 2032 | 89 | $1,227.09 | $1,281.56 | $2,508.65 | $213,683.71 | |
| Apr, 2032 | 90 | $1,219.78 | $1,288.88 | $2,508.65 | $212,394.83 | |
| May, 2032 | 91 | $1,212.42 | $1,296.23 | $2,508.65 | $211,098.60 | |
| Jun, 2032 | 92 | $1,205.02 | $1,303.63 | $2,508.65 | $209,794.97 | |
| Jul, 2032 | 93 | $1,197.58 | $1,311.07 | $2,508.65 | $208,483.89 | |
| Aug, 2032 | 94 | $1,190.10 | $1,318.56 | $2,508.65 | $207,165.33 | |
| Sep, 2032 | 95 | $1,182.57 | $1,326.08 | $2,508.65 | $205,839.25 | |
| Oct, 2032 | 96 | $1,175.00 | $1,333.65 | $2,508.65 | $204,505.60 | |
| Nov, 2032 | 97 | $1,167.39 | $1,341.27 | $2,508.65 | $203,164.33 | |
| Dec, 2032 | 98 | $1,159.73 | $1,348.92 | $2,508.65 | $201,815.40 | |
| Jan, 2033 | 99 | $1,152.03 | $1,356.62 | $2,508.65 | $200,458.78 | |
| Feb, 2033 | 100 | $1,144.29 | $1,364.37 | $2,508.65 | $199,094.41 | |
| Mar, 2033 | 101 | $1,136.50 | $1,372.16 | $2,508.65 | $197,722.26 | |
| Apr, 2033 | 102 | $1,128.66 | $1,379.99 | $2,508.65 | $196,342.27 | |
| May, 2033 | 103 | $1,120.79 | $1,387.87 | $2,508.65 | $194,954.40 | |
| Jun, 2033 | 104 | $1,112.86 | $1,395.79 | $2,508.65 | $193,558.61 | |
| Jul, 2033 | 105 | $1,104.90 | $1,403.76 | $2,508.65 | $192,154.86 | |
| Aug, 2033 | 106 | $1,096.88 | $1,411.77 | $2,508.65 | $190,743.09 | |
| Sep, 2033 | 107 | $1,088.83 | $1,419.83 | $2,508.65 | $189,323.26 | |
| Oct, 2033 | 108 | $1,080.72 | $1,427.93 | $2,508.65 | $187,895.33 | |
| Nov, 2033 | 109 | $1,072.57 | $1,436.08 | $2,508.65 | $186,459.24 | |
| Dec, 2033 | 110 | $1,064.37 | $1,444.28 | $2,508.65 | $185,014.96 | |
| Jan, 2034 | 111 | $1,056.13 | $1,452.53 | $2,508.65 | $183,562.44 | |
| Feb, 2034 | 112 | $1,047.84 | $1,460.82 | $2,508.65 | $182,101.62 | |
| Mar, 2034 | 113 | $1,039.50 | $1,469.16 | $2,508.65 | $180,632.46 | |
| Apr, 2034 | 114 | $1,031.11 | $1,477.54 | $2,508.65 | $179,154.92 | |
| May, 2034 | 115 | $1,022.68 | $1,485.98 | $2,508.65 | $177,668.94 | |
| Jun, 2034 | 116 | $1,014.19 | $1,494.46 | $2,508.65 | $176,174.48 | |
| Jul, 2034 | 117 | $1,005.66 | $1,502.99 | $2,508.65 | $174,671.49 | |
| Aug, 2034 | 118 | $997.08 | $1,511.57 | $2,508.65 | $173,159.92 | |
| Sep, 2034 | 119 | $988.45 | $1,520.20 | $2,508.65 | $171,639.72 | |
| Oct, 2034 | 120 | $979.78 | $1,528.88 | $2,508.65 | $170,110.85 | |
| Nov, 2034 | 121 | $971.05 | $1,537.60 | $2,508.65 | $168,573.24 | |
| Dec, 2034 | 122 | $962.27 | $1,546.38 | $2,508.65 | $167,026.86 | |
| Jan, 2035 | 123 | $953.45 | $1,555.21 | $2,508.65 | $165,471.65 | |
| Feb, 2035 | 124 | $944.57 | $1,564.09 | $2,508.65 | $163,907.57 | |
| Mar, 2035 | 125 | $935.64 | $1,573.01 | $2,508.65 | $162,334.55 | |
| Apr, 2035 | 126 | $926.66 | $1,581.99 | $2,508.65 | $160,752.56 | |
| May, 2035 | 127 | $917.63 | $1,591.02 | $2,508.65 | $159,161.54 | |
| Jun, 2035 | 128 | $908.55 | $1,600.11 | $2,508.65 | $157,561.43 | |
| Jul, 2035 | 129 | $899.41 | $1,609.24 | $2,508.65 | $155,952.19 | |
| Aug, 2035 | 130 | $890.23 | $1,618.43 | $2,508.65 | $154,333.76 | |
| Sep, 2035 | 131 | $880.99 | $1,627.66 | $2,508.65 | $152,706.10 | |
| Oct, 2035 | 132 | $871.70 | $1,636.96 | $2,508.65 | $151,069.14 | |
| Nov, 2035 | 133 | $862.35 | $1,646.30 | $2,508.65 | $149,422.84 | |
| Dec, 2035 | 134 | $852.96 | $1,655.70 | $2,508.65 | $147,767.15 | |
| Jan, 2036 | 135 | $843.50 | $1,665.15 | $2,508.65 | $146,102.00 | |
| Feb, 2036 | 136 | $834.00 | $1,674.65 | $2,508.65 | $144,427.34 | |
| Mar, 2036 | 137 | $824.44 | $1,684.21 | $2,508.65 | $142,743.13 | |
| Apr, 2036 | 138 | $814.83 | $1,693.83 | $2,508.65 | $141,049.30 | |
| May, 2036 | 139 | $805.16 | $1,703.50 | $2,508.65 | $139,345.80 | |
| Jun, 2036 | 140 | $795.43 | $1,713.22 | $2,508.65 | $137,632.58 | |
| Jul, 2036 | 141 | $785.65 | $1,723.00 | $2,508.65 | $135,909.58 | |
| Aug, 2036 | 142 | $775.82 | $1,732.84 | $2,508.65 | $134,176.75 | |
| Sep, 2036 | 143 | $765.93 | $1,742.73 | $2,508.65 | $132,434.02 | |
| Oct, 2036 | 144 | $755.98 | $1,752.68 | $2,508.65 | $130,681.34 | |
| Nov, 2036 | 145 | $745.97 | $1,762.68 | $2,508.65 | $128,918.66 | |
| Dec, 2036 | 146 | $735.91 | $1,772.74 | $2,508.65 | $127,145.92 | |
| Jan, 2037 | 147 | $725.79 | $1,782.86 | $2,508.65 | $125,363.06 | |
| Feb, 2037 | 148 | $715.61 | $1,793.04 | $2,508.65 | $123,570.02 | |
| Mar, 2037 | 149 | $705.38 | $1,803.27 | $2,508.65 | $121,766.75 | |
| Apr, 2037 | 150 | $695.09 | $1,813.57 | $2,508.65 | $119,953.18 | |
| May, 2037 | 151 | $684.73 | $1,823.92 | $2,508.65 | $118,129.26 | |
| Jun, 2037 | 152 | $674.32 | $1,834.33 | $2,508.65 | $116,294.92 | |
| Jul, 2037 | 153 | $663.85 | $1,844.80 | $2,508.65 | $114,450.12 | |
| Aug, 2037 | 154 | $653.32 | $1,855.33 | $2,508.65 | $112,594.79 | |
| Sep, 2037 | 155 | $642.73 | $1,865.92 | $2,508.65 | $110,728.86 | |
| Oct, 2037 | 156 | $632.08 | $1,876.58 | $2,508.65 | $108,852.29 | |
| Nov, 2037 | 157 | $621.37 | $1,887.29 | $2,508.65 | $106,965.00 | |
| Dec, 2037 | 158 | $610.59 | $1,898.06 | $2,508.65 | $105,066.94 | |
| Jan, 2038 | 159 | $599.76 | $1,908.90 | $2,508.65 | $103,158.04 | |
| Feb, 2038 | 160 | $588.86 | $1,919.79 | $2,508.65 | $101,238.25 | |
| Mar, 2038 | 161 | $577.90 | $1,930.75 | $2,508.65 | $99,307.50 | |
| Apr, 2038 | 162 | $566.88 | $1,941.77 | $2,508.65 | $97,365.72 | |
| May, 2038 | 163 | $555.80 | $1,952.86 | $2,508.65 | $95,412.87 | |
| Jun, 2038 | 164 | $544.65 | $1,964.00 | $2,508.65 | $93,448.86 | |
| Jul, 2038 | 165 | $533.44 | $1,975.22 | $2,508.65 | $91,473.65 | |
| Aug, 2038 | 166 | $522.16 | $1,986.49 | $2,508.65 | $89,487.16 | |
| Sep, 2038 | 167 | $510.82 | $1,997.83 | $2,508.65 | $87,489.33 | |
| Oct, 2038 | 168 | $499.42 | $2,009.23 | $2,508.65 | $85,480.09 | |
| Nov, 2038 | 169 | $487.95 | $2,020.70 | $2,508.65 | $83,459.39 | |
| Dec, 2038 | 170 | $476.41 | $2,032.24 | $2,508.65 | $81,427.15 | |
| Jan, 2039 | 171 | $464.81 | $2,043.84 | $2,508.65 | $79,383.31 | |
| Feb, 2039 | 172 | $453.15 | $2,055.51 | $2,508.65 | $77,327.80 | |
| Mar, 2039 | 173 | $441.41 | $2,067.24 | $2,508.65 | $75,260.56 | |
| Apr, 2039 | 174 | $429.61 | $2,079.04 | $2,508.65 | $73,181.52 | |
| May, 2039 | 175 | $417.74 | $2,090.91 | $2,508.65 | $71,090.61 | |
| Jun, 2039 | 176 | $405.81 | $2,102.84 | $2,508.65 | $68,987.77 | |
| Jul, 2039 | 177 | $393.81 | $2,114.85 | $2,508.65 | $66,872.92 | |
| Aug, 2039 | 178 | $381.73 | $2,126.92 | $2,508.65 | $64,746.00 | |
| Sep, 2039 | 179 | $369.59 | $2,139.06 | $2,508.65 | $62,606.94 | |
| Oct, 2039 | 180 | $357.38 | $2,151.27 | $2,508.65 | $60,455.66 | |
| Nov, 2039 | 181 | $345.10 | $2,163.55 | $2,508.65 | $58,292.11 | |
| Dec, 2039 | 182 | $332.75 | $2,175.90 | $2,508.65 | $56,116.21 | |
| Jan, 2040 | 183 | $320.33 | $2,188.32 | $2,508.65 | $53,927.89 | |
| Feb, 2040 | 184 | $307.84 | $2,200.81 | $2,508.65 | $51,727.07 | |
| Mar, 2040 | 185 | $295.28 | $2,213.38 | $2,508.65 | $49,513.69 | |
| Apr, 2040 | 186 | $282.64 | $2,226.01 | $2,508.65 | $47,287.68 | |
| May, 2040 | 187 | $269.93 | $2,238.72 | $2,508.65 | $45,048.96 | |
| Jun, 2040 | 188 | $257.15 | $2,251.50 | $2,508.65 | $42,797.46 | |
| Jul, 2040 | 189 | $244.30 | $2,264.35 | $2,508.65 | $40,533.11 | |
| Aug, 2040 | 190 | $231.38 | $2,277.28 | $2,508.65 | $38,255.84 | |
| Sep, 2040 | 191 | $218.38 | $2,290.28 | $2,508.65 | $35,965.56 | |
| Oct, 2040 | 192 | $205.30 | $2,303.35 | $2,508.65 | $33,662.21 | |
| Nov, 2040 | 193 | $192.16 | $2,316.50 | $2,508.65 | $31,345.71 | |
| Dec, 2040 | 194 | $178.93 | $2,329.72 | $2,508.65 | $29,015.99 | |
| Jan, 2041 | 195 | $165.63 | $2,343.02 | $2,508.65 | $26,672.97 | |
| Feb, 2041 | 196 | $152.26 | $2,356.39 | $2,508.65 | $24,316.57 | |
| Mar, 2041 | 197 | $138.81 | $2,369.85 | $2,508.65 | $21,946.73 | |
| Apr, 2041 | 198 | $125.28 | $2,383.37 | $2,508.65 | $19,563.35 | |
| May, 2041 | 199 | $111.67 | $2,396.98 | $2,508.65 | $17,166.38 | |
| Jun, 2041 | 200 | $97.99 | $2,410.66 | $2,508.65 | $14,755.71 | |
| Jul, 2041 | 201 | $84.23 | $2,424.42 | $2,508.65 | $12,331.29 | |
| Aug, 2041 | 202 | $70.39 | $2,438.26 | $2,508.65 | $9,893.03 | |
| Sep, 2041 | 203 | $56.47 | $2,452.18 | $2,508.65 | $7,440.85 | |
| Oct, 2041 | 204 | $42.47 | $2,466.18 | $2,508.65 | $4,974.67 | |
| Nov, 2041 | 205 | $28.40 | $2,480.26 | $2,508.65 | $2,494.41 | |
| Dec, 2041 | 206 | $14.24 | $2,494.41 | $2,508.65 | $0.00 | |
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