Last updated:
Signals to Watch
- Rate curve shifts; lender program changes; credit spread moves.
- Balloon timing and prepay penalty step‑downs.
- Collateral value changes affecting LTV and pricing.
Break‑Even in the Calculator
Use the calculator and refi guide to compare current vs new terms: include fees and penalties; compute months‑to‑break‑even; stress APR ±100 bps.
Structure Choices
Consider fixed vs variable, payment cadence, and modest balloons to align cash flow with business cycles.