Guild Mortgage recast calculator
Type in your Guild Mortgage balance and rate, how many months remain, and your lump sum.
- Your new payment.
- Amount reduced.
- Interest saved after the fee
- When the fee is paid back.
This covers principal and interest only. You pay taxes and insurance (escrow) through separate bills. You cannot recast FHA, VA or USDA loans.
01 How to request a recast from Guild Mortgage
- Published fee
- No amount was published (a recast does not appear in Guild's 'Common Servicing Fees' table).
- Smallest amount listed
- not published (for principal-only payments ≥ $10,000, wired or certified funds are required)
02 Recast options for Guild Mortgage: a recast, extra principal, or no action
For this example, assume a $300,000 balance, a 6.5% rate, 300 months remaining, a $30,000 lump sum, and a $250 recast fee:
| Option | Recast | Extra principal | Do nothing |
|---|---|---|---|
| Monthly payment | $1,823.06 | $2,025.62 | $2,025.62 |
| Paid off in | 25 years | 19 years 9 months | 25 years |
| Interest left to pay | $276,918 | $210,016 | $307,686 |
| Interest saved after the fee | $30,519 | $97,670 | $0 |
| Fee | $250 | $0 | $0 |
| Fee paid back by the lower payment in | 2 months | No fee | No fee |
Amortization schedule in Excel is a month-by-month list of every payment.
03 What other servicers charge for a Recast
| Servicer | Recast fee | Minimum lump sum |
|---|---|---|
 Bank of America | No fee | $5,000 over six months |
 Wells Fargo | No fee | $10,000 |
 Rocket Mortgage | $250 | $10,000 |
 PennyMac | $250 | $10,000 |
 Truist | $250 | 10% of the balance |
 U.S. Bank | $250 | Not published |
04 Guild Mortgage recast questions
Does Guild Mortgage have a recast fee?
No fee figure is published. The fee remains unpublished on Guild Mortgage's page: not published (recast is absent from Guild's 'Common Servicing Fees' table).
What is the minimum lump sum for a Guild Mortgage recast?
It is not published. The amount is not published. Principal-only payments of ≥ $10,000 must be wired or use certified funds.
Can Guild Mortgage recast an FHA or VA loan?
You cannot do this. FHA, VA and USDA loans do not allow a voluntary Recast, so extra principal reduces the term instead. Recast rules by loan type