Terms of Service

Last updated: January 19, 2026

Acceptance of Terms

By accessing and using this Mortgage Recast vs Refinance Calculator (the "Service"), you accept and agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Service.

Description of Service

The Service provides an educational mortgage calculator tool that compares recast and refinance scenarios. All calculations are performed in your browser using the information you provide.

Educational Purpose Only

IMPORTANT: This calculator is provided for educational and informational purposes only. It is NOT financial advice.

The Service:

  • Does not provide personalized financial, legal, or tax advice
  • Does not consider your complete financial situation
  • Should not be relied upon as the sole basis for any financial decision
  • May not account for all factors relevant to your specific loan

Always consult with licensed financial advisors, mortgage professionals, and tax advisors before making any financial decisions.

Accuracy of Calculations

While we strive to provide accurate calculations using standard mortgage formulas, we make no guarantees about the accuracy, completeness, or reliability of the results. Actual loan terms, fees, and payments may differ based on:

  • Lender-specific policies and fees
  • Your credit profile and financial situation
  • Market conditions and rate changes
  • Taxes, insurance, and other costs not included in calculations
  • Special loan features or restrictions

User Responsibilities

You are responsible for:

  • Entering accurate information into the calculator
  • Verifying all calculations with your lender
  • Understanding your loan terms and conditions
  • Seeking professional advice before making financial decisions
  • Complying with all applicable laws and regulations

Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

We do not warrant that:

  • The Service will be uninterrupted, secure, or error-free
  • The calculations will be accurate or complete
  • Any errors or defects will be corrected
  • The Service will meet your specific requirements

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR USE, ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE.

IN NO EVENT SHALL OUR TOTAL LIABILITY EXCEED $100 OR THE AMOUNT YOU PAID TO ACCESS THE SERVICE (IF ANY), WHICHEVER IS LESS.

Affiliate Disclosure

This website contains affiliate links to third-party financial services and products. When you click on these links and make a purchase or sign up for a service, we may earn a commission at no additional cost to you.

Our affiliate relationships do not influence our calculator's results or the educational content we provide. We only recommend services we believe may provide value, but we are not responsible for the products, services, or practices of any third parties.

You should always:

  • Review the terms and conditions of any third-party service
  • Compare multiple options before making a decision
  • Verify that any service meets your specific needs

Third-Party Links

The Service may contain links to third-party websites. We are not responsible for the content, privacy practices, or terms of service of any third-party sites. Your use of third-party websites is at your own risk.

Intellectual Property

All content, features, and functionality of the Service are owned by us or our licensors and are protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, distribute, or reverse-engineer any part of the Service without our express written permission.

Acceptable Use

You agree not to:

  • Use the Service for any unlawful purpose
  • Attempt to gain unauthorized access to any part of the Service
  • Interfere with or disrupt the Service
  • Use automated tools to access the Service excessively
  • Misrepresent the source or ownership of the Service

Modifications to Service

We reserve the right to modify, suspend, or discontinue the Service at any time without notice. We shall not be liable to you or any third party for any modification, suspension, or discontinuation of the Service.

Changes to Terms

We may update these Terms of Service from time to time. Changes will be posted on this page with an updated "Last updated" date. Your continued use of the Service after changes are posted constitutes acceptance of the updated terms.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the United States, without regard to conflict of law provisions.

Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Contact

If you have questions about these Terms of Service, please contact us at [email protected].