Amortization schedule after a mortgage recast
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New monthly principal + interest
—Enter your loan to compare.
Principal + interest only. No escrow, taxes or insurance. This is not financial advice.
Three paths, one starting point
Your balance over time
Solid green: recast. Dashed ink: baseline. Dotted ink: same lump sum, no recast. Schedule below is the text alternative.
Amortization schedule
This is not financial advice.
Saved scenarios
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This is not financial advice.
An amortization schedule shows how a loan balance falls payment by payment. After a recast, it begins with the reduced balance and uses the revised principal-and-interest payment over the remaining term.
Use the calculator above with your own loan. The schedule is a planning illustration, not a record of transactions held by your servicer.
Short steps
- Enter your balance, note rate, remaining months and lump sum.
- Calculate so the schedule uses your revised payment and remaining term.
- Read each month’s opening balance, interest, principal and closing balance.
- Print or review the full path when you need a text alternative to the chart.
What each column means
- Opening balance — amount owed at the start of the modeled month.
- Interest — opening balance × monthly note rate.
- Principal — payment left after interest.
- Closing balance — opening balance minus principal.
Taxes and insurance do not repay the loan and are not included. A lump sum paid before the schedule starts is a separate starting adjustment. Return to the recast calculator or the extra-payment comparison.
Method and transparency
Last updated: 6 November 2026. Local technical preview only. This is not financial advice.