/Mortgage--Calculator-React

A morgage calculator web app built with React to aid in the calculation of monthly repayments

Primary LanguageJavaScript

Morgage Calculator

A mortgage calculator web app built with React to aid in the planning of morgages.

User Stories

Users can set purchase prices.
Users can set down payment.
Users can set repayment time.
Users can set interest rate.
Users see theirloan amount (purchase price - down payment).
Users can see the estimated amount they'll pay on a monthly basis.\

In the project directory, you can run:

Formula Used

Formula for mortgage payments: M = P[r(1+r)^n/((1+r)^n)-1)].
M = the total monthly mortgage payment.
P = the principal loan amount(Purchase Price - Down Payment).
r = your monthly interest rate.
n = number of payments over the loan’s lifetime.\

npm start

Runs the app in the development mode.
Open http://localhost:3000 to view it in your browser.

The page will reload when you make changes.
You may also see any lint errors in the console.

Deployment

This section has moved here: https://facebook.github.io/create-react-app/docs/deployment

npm run build fails to minify

This section has moved here: https://facebook.github.io/create-react-app/docs/troubleshooting#npm-run-build-fails-to-minify