What CRACTT weighs
Break-even month
How long you must keep the loan for the fees to pay for themselves.
Lifetime interest
A lower payment on a longer term often costs more overall.
Fees and rolled costs
Origination, appraisal, and anything financed into the balance.
The do-nothing option
Whether extra principal payments beat refinancing entirely.
FAQ
- Does credit score matter here?
- Yes — include it and CRACTT will note whether a better rate tier is realistic.
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