Mortgage lump-sum check
Recast, prepay, refinance - or keep the cash?
Type your loan and the lump sum. The page runs all four paths month by month on the same budget and draws each balance as a trail down to zero: what you would pay, when it ends, the interest still ahead, the cash you keep and where you stand the year you expect to move. The paid read weighs them for your household and says which one.
Try a household:
Your loan
The options
Your cushion and goal
Drop a .txt note here or .
The trails
Trail conditions
Estimates: constant rates, no taxes, escrow or deductions.
Trail signs same monthly budget on every path
The trail read
One metered run: recast, prepay, refinance or keep the cash - with the reasons from your numbers, what to watch out for, questions for your servicer or lender and the next steps, re-checked against the trails.
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