nembie / calculator-home-loan Goto Github PK

A JavaScript open-source package to easily calculate monthly mortgage payments, total repayment, and total interest.

yarn add calculator-home-loan

import calculateHomeLoan from 'calculator-home-loan';

const loan = 80000;
const years = 30;
const rate = 4.5;
const frequency = 12;

calculateHomeLoan(loan, years, rate, frequency);

// Output
{
    monthlyPayment: 405.35,
    totalPayment: 145925.37,
    totalInterest: 65925.37
}

If you find any issues or have suggestions for improvements, feel free to open a pull request or issue. Your contribution is highly appreciated.

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This package is open-sourced software licensed under the MIT license.