Recast Mortgage Calculator Template | Loan Recast Calculator | Mortgage Payment Reduction Planner | Amortization Spreadsheet

Recast Mortgage Calculator Template Excel & Google Sheets Loan Recast & Amortization Spreadsheet Analyze your mortgage savings and reduce monthly payments with this professionally designed Recast Mortgage Calculator Template. Built for Excel and Google Sheets, this structured spreadsheet helps homeowners and real estate investors calculate new monthly payments after making a lump sum principal payment. Perfect for property owners, landlords, real estate investors, and financial planners who want to evaluate loan recasting options clearly and accurately without complex financial software. PRODUCT OVERVIEW This Recast Mortgage Calculator Template is designed to help you understand how a lump sum payment affects your remaining loan balance and monthly mortgage payment. It calculates updated monthly payments, remaining balance, and revised amortization schedules, giving you a clear comparison between your original loan and recast loan scenario. WHAT THIS TEMPLATE IS USED FOR • Calculate new monthly payments after a lump sum payment • Compare original vs recast mortgage payments • Generate updated amortization schedule • Track principal reduction • Estimate long-term interest savings • Analyze loan repayment strategies • Support better financial planning decisions WHAT YOU WILL RECEIVE • 1 Excel (.xlsx) Recast Mortgage Calculator • 1 Google Sheets Editable Version • Automated payment recalculation spreadsheet • Updated amortization schedule table • Instant digital download This is a digital product. No physical item will be shipped. WHAT’S INSIDE THE TEMPLATE The spreadsheet includes structured sections for: • Original Loan Amount • Interest Rate • Loan Term • Original Monthly Payment • Lump Sum Payment Amount • Remaining Loan Balance • Recast Monthly Payment Calculation • Interest Savings Summary • Updated Amortization Schedule • Principal and Interest Breakdown • Loan Comparison Overview • Notes and Comments The layout provides a clear financial comparison to help evaluate your mortgage recasting decision. KEY FEATURES • Automatic mortgage recast calculation • Lump sum payment impact analysis • Updated amortization schedule • Principal and interest breakdown • Loan comparison summary • Clean professional financial layout • Mobile, tablet, and desktop compatible • Easy to edit and update BUSINESS BENEFITS • Reduce monthly mortgage payments • Understand long-term savings • Improve loan repayment strategy • Compare financial scenarios • Maintain organized loan records • Support better real estate investment planning This template helps you evaluate mortgage recasting options with clarity and confidence. PERFECT FOR • Homeowners • Real estate investors • Landlords • Financial planners • Mortgage advisors • Property buyers SOFTWARE REQUIREMENTS • Microsoft Excel (2016 or newer recommended) or • Google Sheets (Free account) Basic spreadsheet knowledge is helpful but not required. HOW IT WORKS Purchase the template Download instantly Open in Excel or upload to Google Sheets Enter loan details and lump sum payment Review updated payment and savings results IMPORTANT INFORMATION • Digital download only • No refunds due to digital product nature • For personal or business use