/Loan

Loan application

Primary LanguagePHP

Loan

SensioLabsInsight

Installation

Open a command console, enter your project directory and execute the following command to install dependencies :

    $ composer install

This command requires you to have Composer installed globally, as explained in the installation chapter_ of the Composer documentation.

Using

Calculation of monthly amount

    $ src/app.php app:payment

Calculation of payment capacity

    $ src/app.php app:capacity

Rate normal ?

For calculation bank uses generally : rate / 12. But normal rate is more complex calculation : (1 + rate)^1/12 - 1

With commands you can choice the rate which must be used !