Link to the Website: LoanLens
Welcome to LoanLens, your personal mortgage calculator.
- Julio Segarra - Developer
I'm a technology professional currently residing in Connecticut, United States. My interests are in web development and facilitating technology solutions for clients and businesses of all sizes.
User Input
- The user has three input fields
- Each input field has two available options, a text box and a slider
Loan Details
- Estimated Monthly Payment
Estimated Monthly Payment = (amount loaned) * (rate/1200) / (1 – (1 + rate/1200)(-Number of Months)
- Total Interest Due
Total Interest Due = (amount loaned) * (rate/100)
- Total Payment
Total Payment Due = (amount loaned) + ((amount loaned) * (rate/1200))
Donut Graph
The donut graph is a simple way to show how much of your total payment owned is principal and how much is interest. The graph is a JavaScript plugin named Morris.js.