# Mortgage Amortization Engine AI Agent Connect

> Generate precise mortgage amortization schedules and calculate payoff acceleration.

## Overview
- **Category:** finance
- **Price:** Free
- **Endpoint:** https://edge.vinkius.com/vk_preview_NsZ5bnDZTaCQweIUcH4cZ7sLH4wt8JebYv5mCxvx/ai-agent-connect
- **Tags:** mortgage, amortization, loan, finance, interest

## Description

This MCP server provides deterministic tools for mortgage planning. Use `calculate_loan_summary` to find your periodic payment and total interest, `get_payment_breakdown` to inspect the principal and interest split for any specific payment, and `check_pmi_status` to identify when your balance hits the 78% threshold for PMI removal. It handles monthly and bi-weekly frequencies and calculates the impact of extra principal payments on your payoff date.

## Tools

### calculate_loan_summary
Calculate standard monthly payment, total interest, and time saved with extra payments

### check_pmi_status
Check when the 78% PMI removal threshold will be reached

### get_payment_breakdown
Get the exact split of principal and interest for a specific payment number

## Prompt Examples

**Prompt:** 
```
What is my monthly payment and total interest for a $300,000 loan at 5% interest for 30 years?
```

**Response:** 
```
Your monthly payment is $1,610.46, and the total interest paid over the 30-year term will be $279,767.11.
```

**Prompt:** 
```
How much of my 47th payment goes to principal for a $300,000 loan at 5% interest for 30 years?
```

**Response:** 
```
For payment #47, the interest component is $618.45 and the principal component is $992.01, leaving a remaining balance of $287,345.22.
```

**Prompt:** 
```
When will I hit the 78% threshold for PMI on a $300,000 loan at 5% interest for 30 years?
```

**Response:** 
```
You will reach the 78% PMI removal threshold at payment number 214.
```

## Frequently Asked Questions

**How can I see how much interest I will pay in total?**
You can use the `calculate_loan_summary` tool, which returns the `totalInterestPaid` for the entire life of the loan.

**Can I calculate how much faster I will pay off my loan with extra payments?**
Yes, by providing an `extraPrincipalPerPeriod` value to `calculate_loan_summary`, the tool will return the `monthsSaved` resulting from your extra payments.

**How do I know when I can remove my Private Mortgage Insurance (PMI)?**
Use the `check_pmi_status` tool. It calculates the specific payment number when your principal balance reaches the 78% threshold.