Hire an AI refinancing cash and payoff reviewer

Everything it can hand back

Your task sets the actual outputs. The specialist picks the methods that cover them.

• The new loan's cash after issue discount and fees taken at issue, with the principal kept at face
• The old loan's payoff with its premium, and the refinancing fees counted once
• A sources and uses table with the signed funding gap, or surplus, at closing
• A PIK interest check, only when the old principal grew
• What changed since the last review, a record for the next one, MISSING lines and any checks that could not run

How it does the job well

• Reconcile to source documents, such as bank statements, ledgers and invoices, before reporting.
• Show the calculation, inputs and period for every figure.
• Label actuals, estimates and forecasts clearly.
• Send tax, legal and regulatory questions to a qualified professional.

Mistakes it avoids

• Mixing cash and accrual figures, or different periods, in one comparison.
• Rounding or formula errors that do not tie back to totals.
• Giving personal investment advice.

What a good result looks like

An example, not your task: A lender sends a revised payoff letter for the old loan.

• Changed since last review. Each figure or document that moved, with old and new value and source date.
• outputs/step-1-debt-issue-proceeds-checker.md. Face less issue discount and fees taken at issue, giving usable cash, with principal kept at face and tied to the funding statement.
• outputs/step-2-refinancing-closing-cost-checker.md. The payoff with its premium, the refinancing fees not yet taken, the total need and the surplus or gap against usable new cash.
• outputs/step-3-deal-funding-gap-checker.md. A sources and uses table with purchase, payoff, fees and closing cash against debt, buyer, rollover and sponsor cash.
• PIK interest check. Cash interest, capitalized interest and ending principal for one period. Only when the old principal grew, and it asks for a revised payoff letter.
• Record and MISSING lines. The record for the next review, every gap with the line it stops, and CHECKS MISSED.

How the work is checked

• Financing fees and payoff fees are each deducted once. A fee taken from proceeds is not a closing cost as well.
• Face debt never stands in for usable cash. New loan cash equals face times issue price less fees taken at issue. Principal stays at face.
• The payoff comes from the letter, with premium and any interest shown on their own lines.
• Rollover is counted once. Uses less sources equals the gap shown, and no balancing figure is added without a real commitment.
• States which checks passed, failed or could not run, and names missing inputs.

These checks have not been run against a model yet. Your AI uses them to check its own work.

Capabilities

• Compares with the last approved review. Reads the saved record if it belongs to this debt and deal, or sets a first baseline. It compares debt IDs, funding status, face against cash proceeds, fee-netting flags, the payoff date and the closing gap. If nothing changed and no review is due, it says so and stops.
• Works out the new loan's cash. Runs the Debt issue proceeds checker step. It multiplies face by the issue price, treats face less cash as original issue discount, and deducts only the fees taken at issue once. It ties the net cash to the funding statement and keeps principal at face.
• Sets payoff against that cash. Runs the Refinancing closing cost checker step. It uses the payoff letter, applies the premium to the right base, and adds only refinancing fees not already taken. It compares the total payoff need with the usable new cash and shows a surplus or a gap. It claims no savings.
• Closes the funding gap. Runs the Deal funding gap checker step. It maps old principal and premium to payoff, other fees to fee uses, and adds purchase use and closing cash. It sets that against net debt cash, buyer cash, rollover and sponsor cash. The gap is signed, and a plug must trace to a real commitment.
• Checks PIK interest only if needed. If a PIK interval explains why old principal changed, it runs the Cash and PIK interest checker on the opening principal, the coupons and the year fraction. It then asks for the revised payoff letter. It never adds its own interest to a payoff a letter fixes.
• Checks and saves. Tests the result against the acceptance rules, retries the affected calculation at most twice, then writes the dated files, which steps ran or were skipped, and the new record. It never replaces an approved baseline with an unapproved scenario.

How the role works

1. Checks your task, context and available tools.
2. Picks the methods needed and prepares a work plan.
3. Carries out supported tasks, with each method's limits and review gates.
4. Checks the real deliverables and corrects supported faults.
5. Hands back files, evidence and unresolved gaps.

Your specialist's working setup

Download the base specialist without a task form or account. README.md and SETUP.md explain how to use the folder. SOUL.md defines its scope. INTAKE.md asks missing questions inside your AI. PLAYBOOK.md, SKILLS.md, BEST_PRACTICES.md, CHECKS.md and HANDOFF.md guide the work and its checked deliverables.

Complete associated skills, supporting files and licences are included. Choose only the methods needed for the actual task. Keep context, working files and accepted feedback in your AI project.

Use this specialist through MCP or the API

Call prepare_specialist with role_id refinancing-payoff-revision-assistant only. No task is required to load it. Your AI asks what job you need done, what you want back and which relevant context it can use.

For task-led hiring, call find_specialist, explain the suggested specialists and let the user accept or change the team.

Complete ZIP: Download base specialist. API: GET /api/v1/specialists/refinancing-payoff-revision-assistant/pack. The host AI supplies its own model, tools and execution; a pack does not connect accounts or run a task.

Inputs and helpful context

The specialist starts from the task brief. Only active methods require their inputs.

For the primary method, when used

• The new loan's face amount, its issue price as a share of face, and the fees taken at issue (from the lender's funding statement)
• The old lender's payoff letter with principal, premium and any interest (from the old lender)
• Refinancing fees you pay separately, with invoices (from your advisers and lenders)
• What the deal must pay, meaning the purchase price, other payments and the cash needed at closing (from the sale agreement or funds flow)
• The cash sources, meaning buyer cash, rollover and sponsor commitments (from commitment letters)
• Cash and PIK coupon terms and the evidence the interest was added to principal (optional, only if the old principal grew)
• The last approved review's record and the changed source files with dates (optional, needed to show what changed)

Helpful context (optional)

• The funds flow or closing statement for the deal.
• Commitment letters for rollover and sponsor cash.
• A named person who owns the closing and will check the payoff and the fees.

Tools and access

• A spreadsheet engine and file-capable AI: Builds a linked sources and uses workbook, and saves the record file for next time. In plain chat it returns the same tables as text.
• Your lender documents: The issue price, the payoff, the premium and the fees are in the lender's letters and statements. Quote them, never estimate them.
• A spreadsheet tool and an AI that reads files: The three steps pass one set of numbers along. The AI should recalculate and keep each source and use traceable.
• Claude, ChatGPT or Gemini: Any of them can do these sums in a chat.
• An AI that can make spreadsheet files: It can build the workbook, recalculate it and check that it reopens.
• Node.js 20 or later (optional): Runs the small script that comes with the skill, for a second check of the numbers.

Functions and deliverables

• Refinancing cash and payoff reviewer: Match new financing cash with debt payoff and closing costs. Find fee double counts, source gaps and unfunded uses.
  • The new loan's cash after issue discount and fees taken at issue, with the principal kept at face
  • The old loan's payoff with its premium, and the refinancing fees counted once
  • A sources and uses table with the signed funding gap, or surplus, at closing
  • A PIK interest check, only when the old principal grew
  • What changed since the last review, a record for the next one, MISSING lines and any checks that could not run
• Acquisition funding and debt payoff checker: Check usable debt cash, refinancing costs and closing payments to show whether the deal has a funding gap.
  • The cash the new debt really raises, next to its face value
  • The old debt payoff and premium, with refinancing fees shown once
  • A sources and uses table for closing
  • The funding gap, if any, and who must cover it
  • A list of missing facts and checks that could not run
• Cash and added interest calculator: Share the loan balance and both interest rates. Get cash interest, interest added to debt and the ending balance.
  • Cash interest for the period
  • PIK interest added to the loan
  • The new loan balance
  • Total interest cost, cash plus PIK
  • A list of missing facts and checks it could not run
  • A small workbook with the same sums, if your AI can make files
• Loan refinancing cash gap checker: Share the old loan payoff, fees and new funding. Check total closing costs and any cash gap.
  • The premium in money: payoff times the premium rate
  • The transaction cost: premium plus refinancing fees
  • The closing cash need: payoff plus transaction cost
  • The funding gap, or a surplus, after the new loan money
  • A list of missing facts and checks that could not run
  • A small workbook with the same sums, if your AI can make files
• me.md builder: Answer a few questions, or let your AI use what it remembers. Get one private file that tells any AI who you are.
  • One me.md file with up to ten dated sections
  • A list of facts taken from memory, for you to check
  • A short note of what it removed for privacy
  • The two next steps, to save it and set it up

Tasks you can use it for

• A lender sends a revised payoff letter for the old loan.
• The new loan's issue price or fees change before it funds.
• A fee invoice arrives, and you need to know if it was already taken from the proceeds.
• The closing date moves, and the payoff amount or interest changes with it.

Limits to check before starting

• You want a quote for a new loan, or want to compare lenders. This checks documents you already hold. It gives no market quote.
• You only want the cash a new loan pays out after discount and fees. Use the New loan cash proceeds checker.
• You want the seller's cash after closing. Use the Seller closing cash and escrow reviewer.
• You have no payoff letter from the old lender yet. The payoff stays MISSING and the closing gap cannot be called final.

Best way to use this role

Give it one clear outcome, the actual files and a definition of done. Keep the work in one AI project so it can reuse checked context and earlier files.

• Add this agent to Claude, ChatGPT or Gemini, with the two pieces it uses. They are the Check acquisition refinancing funds workflow and the Cash and PIK interest checker skill. An AI that reads files works best. In plain chat it still works, but it cannot save files.
• Say if this is the first run. If not, paste last time's record. Then attach the funding statement, the payoff letter, the fee invoices and the deal's sources and uses.
• Check the first result before the rest. Principal should stay at face, and cash should be face less the issue discount and the fees taken at issue.
• Check that every fee appears once. A fee taken from proceeds should not appear again as a closing cost. Check that rollover is not both a source and a cut to the purchase price.
• If old principal grew by PIK, get the revised payoff letter and give it to the AI. Then run it again.
• Fix every MISSING line and run it again whenever the lender sends something new. Adding it sets up no schedule.

Read it as data

Read the complete role setup as JSON. Connect your AI to the AI Blocks MCP library and read aiblocks://roles/refinancing-payoff-revision-assistant for its role instructions and pinned sources.

This is a prepared AI role. No task has run. Your AI carries out authorized work using its available tools and reports the actual deliverables and checks.