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loan-calc

0.2.1 • Public • Published

Build Status

Quickly calculate monthly payments and the total amount of interest paid for a fixed rate loan.

Installation

First install node.js. Then:

npm install loan-calc --save

Usage

Require the module and pass the amount of the loan, annual rate, and length of loan in months.

var LoanCalc = require('loan-calc');
 
LoanCalc.paymentCalc({
    amount: 200000,
    rate: 5,
    termMonths: 180
});
// returns 1581.59
 
LoanCalc.totalInterest({
    amount: 200000,
    rate: 5,
    termMonths: 360
});
// returns 186511.57

You can also pass the loan amount as a US currency formatted string:

LoanCalc.paymentCalc({
    amount: '$200,000',
    rate: 5,
    termMonths: 180
});
// returns 1581.59

/loan-calc/

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    Install

    npm i loan-calc

    Repository

    github.com/cfpb/loan-calc

    Homepage

    github.com/cfpb/loan-calc

    Weekly Downloads

    141

    Version

    0.2.1

    License

    Public Domain

    Last publish

    Collaborators

    • meissadia
    • billhimmelsbach
    • harrisj_gov
    • allenjo
    • wmhiggins
    • flacoman91
    • cfpbadmin
    • adamdscott
    • contolini
    • mistergone
    • wpears
    • anselmbradford
    • himedlooff
    • scotchester
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