Refinance Calculator
refinance_calculatorRead-onlyIdempotent
Will a lower rate pay off? This refinance calculator compares your current and new mortgage payments, finds the break-even month and the lifetime interest. Web page: https://calcbright.com/refinance-calculator
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| rate | No | Current interest rate (%) | |
| balance | No | Current loan balance | |
| closing | No | Closing costs Paid upfront (not rolled into the loan). | |
| newRate | No | New interest rate (%) | |
| newTerm | No | New loan term (years) | |
| currency | No | Currency | USD |
| remaining | No | Years remaining (years) |