Mortgage recasting is a little known but useful trick that allows you to pay down your. The calculator will show your recasting benefit.. If you are going to make more money paying down your principal than you would putting. Since then I've been aggressively saving and investing in real estate and the.
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Want to reduce the amount you pay toward your monthly mortgage payments? Then a recast mortgage may be the option for you.
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Recasting means that you're changing your existing loan and its payment plan, By doing this, you can save money on interest and pay your mortgage off early.
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Mortgage recasting offers two attractive benefits for homeowners with some extra cash in their pocket: lower monthly payments and less interest.
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