Tiny Mortgage
A Tiny NPM Package to Calculate a Fixed Rate Mortgage
Installation
npm install --save tiny-mortgage
Usage
const Mortgage = require('tiny-mortgage')
const m = new Mortgage(700000, 20, 4, 30)
Parameters
The Mortgage class takes 4 parameters all of which are required.
- Total Cost of the house
- Down Payment Percentage (represented as a whole number between 1 - 100)
- Interest Rate (represented as a whole number between 0-20)
- Number of Years of the Loan
Methods
Get The Monthly Total
m.getMonthly()
Get The Total Amount to be Paid over the life of the loan including interest
m.getTotal()
Get the Principle/Interest Breakdown for a given month in the loan term
m.getSpecificMonth(124)- For a 30 year Fixed Rate Loan: 1 - 360
- For a 15 year Fixed Rate Loan: 1 - 180