{
  "id": "v20-ie-balance-transfer",
  "version": "20.16.0",
  "name": "Balance Transfer Calculator — Ireland",
  "shortName": "Balance Transfer",
  "description": "Check whether a planned payment clears an interest-bearing or zero-rate promotional balance after adding the transfer fee. EUR planning view; stated limitations apply.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "balance-transfer",
    "ie",
    "consumer-finance",
    "loan-amortization"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/v20-ie-balance-transfer.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "20.16.0",
    "referenceCoverage": "references-listed",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "notice": "Illustrative defaults are not local quotes or verified legal rules. Dated reference components and user-entered assumptions are explicitly distinguished. Professional review is pending.",
  "urls": {
    "page": "/ie/balance-transfer/",
    "definition": "/ie/balance-transfer/definition.json",
    "schema": "/ie/balance-transfer/schema.json",
    "llms": "/ie/balance-transfer/llms.txt",
    "legacyDefinition": "/ie/balance-transfer/definition.json"
  },
  "queryExample": "https://askcalculators.com/ie/balance-transfer/?balance=6000&feePercent=3&promoRate=0&promoMonths=18&monthlyPayment=350",
  "queryParameters": {
    "balance": {
      "label": "Balance to transfer",
      "type": "money",
      "required": true,
      "default": 6000
    },
    "feePercent": {
      "label": "Transfer fee",
      "type": "percent",
      "required": true,
      "default": 3
    },
    "promoRate": {
      "label": "Promotional annual nominal rate",
      "type": "percent",
      "required": true,
      "default": 0
    },
    "promoMonths": {
      "label": "Promotional months",
      "type": "number",
      "required": true,
      "default": 18
    },
    "monthlyPayment": {
      "label": "Planned monthly payment",
      "type": "money",
      "required": true,
      "default": 350
    }
  },
  "inputs": [
    {
      "id": "balance",
      "label": "Balance to transfer",
      "type": "money",
      "defaultValue": 6000,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "EUR",
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "feePercent",
      "label": "Transfer fee",
      "type": "percent",
      "defaultValue": 3,
      "required": true,
      "min": 0,
      "max": 50,
      "step": 0.1,
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "promoRate",
      "label": "Promotional annual nominal rate",
      "type": "percent",
      "defaultValue": 0,
      "required": true,
      "min": 0,
      "max": 100,
      "step": 0.1,
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "promoMonths",
      "label": "Promotional months",
      "type": "number",
      "defaultValue": 18,
      "required": true,
      "min": 1,
      "max": 120,
      "step": 1,
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "monthlyPayment",
      "label": "Planned monthly payment",
      "type": "money",
      "defaultValue": 350,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "EUR",
      "help": "Illustrative starting value; replace with your own evidence."
    }
  ],
  "outputs": [
    {
      "id": "transferFee",
      "label": "Transfer fee added to balance",
      "format": "currency",
      "digits": 2,
      "currency": "EUR"
    },
    {
      "id": "startingBalance",
      "label": "Balance including transfer fee",
      "format": "currency",
      "digits": 2,
      "currency": "EUR"
    },
    {
      "id": "paymentToClear",
      "label": "Level monthly payment to clear during promotion",
      "format": "currency",
      "digits": 2,
      "currency": "EUR"
    },
    {
      "id": "interest",
      "label": "Interest during modeled promotion",
      "format": "currency",
      "digits": 2,
      "currency": "EUR"
    },
    {
      "id": "remaining",
      "label": "Balance after promotional period",
      "format": "currency",
      "digits": 2,
      "primary": true,
      "currency": "EUR"
    }
  ],
  "formula": {
    "expression": "monthly balance = maximum(0, previous balance × (1 + promo annual rate/12) − planned payment).",
    "note": "Inputs are converted to canonical units before evaluating this stated formula."
  },
  "examples": [
    {
      "label": "Illustrative defaults; required verification checks remain unconfirmed",
      "inputs": {
        "unitSystem": "metric",
        "balance": 6000,
        "feePercent": 3,
        "promoRate": 0,
        "promoMonths": 18,
        "monthlyPayment": 350
      }
    }
  ],
  "sources": [
    {
      "label": "CFPB loan-estimate explanation",
      "url": "https://www.consumerfinance.gov/owning-a-home/loan-estimate/"
    },
    {
      "label": "CFPB comparing borrowing costs",
      "url": "https://www.consumerfinance.gov/owning-a-home/compare/compare-loan-estimates/"
    }
  ],
  "publicSlug": "balance-transfer",
  "namespace": "ie",
  "countries": [
    "us",
    "ca",
    "uk",
    "ie"
  ]
}