When deciding on a mortgage payoff strategy, that often churns up the great debate of recasting vs. refinancing.

There are benefits to both recasting and refinancing a mortgage. Like all things in personal finance, the best option depends on your personal situation.

To help you get a better handle on recasting vs. refinancing, check out this video!

CHAPTERS
0:00 Intro
0:50 What is recasting?
1:31 What is refinancing?
2:45 Pros and Cons of Recasting
4:29 Pros and Cons of Refinancing
6:05 FAQ
8:15 Final Verdict

#Recasting #Refinancing #MortgagePayoff #MortgageFree #DebtFree #FamilyFinance #PersonalFinance

RESOURCES

Credible (Refinancing): http://www.marriagekidsandmoney.com/c...

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Recasting Your Mortgage: What are the Pros and Cons?
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Biweekly Mortgage Payments vs. Monthly: Which Gets You Mortgage Free Faster?    • Biweekly Mortgage Payments vs. Monthl...  

10 Incredible Benefits of a Paid Off House
   • Recasting vs. Refinancing: Which Mort...  

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