Recast vs. Refinance in a 7% Market: The $250 Move That Lowers Your Payment Without a New Loan
Published on: 05/10/2026
A mortgage recast can drop your payment $600+/month for a $150-$500 fee — no refinance, no new rate. But FHA/VA/USDA loans don't qualify. The real math, rules, and when it beats refinancing.
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