Forbearance Exit Payment Shock Calculator

Forbearance exit creates payment shock.

Regular monthly payment

Deferred months

Remaining years

Interest rate %

New payment (reamortized)

$2,965

Deferred amount

$25,200

Monthly increase

$165

How the math works

Deferred = regular × months. Reamortization adds PMT of deferred over remaining to current payment.

$2,800 × 9 = $25,200 deferred. Reamortized 22 yr at 5.5% = $166/mo add. New payment $2,966 — 5.9% increase.

How to Use

Enter regular monthly payment.
Enter deferred months.
Enter remaining years.
Enter interest rate %.
Read new payment after exit.

Frequently Asked Questions

Exit structures?

Balloon at end of term (deferred amount due at payoff/refi). Reamortization (spread deferred over remaining term). Lump sum (pay immediately). Modification to new terms. Re-age (rollforward delinquency to current). Each has different payment impact.

Typical shock?

6-month forbearance reamortized over 20-year remaining term: ~2-4% payment increase. 12-month forbearance: 4-8%. Lump sum: 600-1200% of normal payment due — usually unworkable for homeowners in distress. Balloon: same payment but ballooning principal at exit.

Selection matters?

Balloon best for temporary distress + eventual refi/sale. Reamortization best for long-term hold. Modification best if income permanently changed. Lender economics: reamortization preserved over long term but negotiation often moves to mod for sustainability.