Calculate the monthly payments of a fixed term mortgage
over given Nth terms at a given interest rate. Also figure
out how long it will take you to pay back the loan.
Simplifying the unnecessarily complicated is one of the key factors in overcoming challenges. Mortgages payments always seem way more complicated than necessary to me. Therefore, I've decided to build an app to remedy that.
What it does
Calculates the monthly payments of a mortgage given the interest rate, loan value and the mortgage term in months.
How we built it
Using python, html, css and business knowledge.
Challenges we ran into
Accomplishments that we're proud of
Creating the equation
What we learned
Mortgages and business in general
What's next for The Mortgage Simplifier
Simplifying other overly complicated business ideas or ideas in general.
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