Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Mortgage Advanced
Mortgage Recast Calculator
After a lump-sum payment, a recast (re-amortization) lowers your monthly payment while keeping the same rate and remaining term. See the new payment and interest saved.
Fill in the required fields to see your result.
Mortgage Advanced
Mortgage Points Calculator
Determine how much your monthly payment drops when you buy discount points and calculate how long you must keep the loan to break even on the upfront cost. Use this before closing to decide whether points are worth purchasing.
Fill in the required fields to see your result.
Key differences
| Mortgage Recast Calculator | Mortgage Points Calculator | |
|---|---|---|
| Category | Mortgage Advanced | Mortgage Advanced |
| Inputs required | 4 | 4 |
| Result | New monthly payment (USD) | Monthly Payment Reduction ($) |
| What it does | After a lump-sum payment, a recast (re-amortization) lowers your monthly payment while keeping the same rate and remaining term. See the new payment and interest saved. | Determine how much your monthly payment drops when you buy discount points and calculate how long you must keep the loan to break even on the upfront cost. Use this before closing to decide whether points are worth purchasing. |