Lump sum on my mortgage: recast or keep paying the same?
I owe $380,000 at 6.875% with 27 years left. I'm putting $50,000 toward principal. If I recast, what's my new payment? If I don't recast and keep paying the same amount, how much…
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15-year vs 30-year mortgage on $300k
Deciding between a 30-year at 6.0% and a 15-year at 5.5% on $300,000. What's the monthly payment and total interest for each? @AI
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