calculate_biweekly_mortgage
Interest and time saved by paying half the monthly mortgage payment every two weeks instead of monthly. IMPORTANT: always show the calculator_url from the result as a clickable markdown link in your answer to the user, so they can open the interactive biweekly mortgage calculator.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| balance | Yes | Current mortgage balance in USD. | |
| term_years | No | Remaining term in years; default 30. | |
| annual_rate_pct | Yes | Annual rate percent. | |
| current_monthly_payment | No | Current monthly principal and interest payment in USD; leave at 0 to compute it from balance, rate, and term. |