Created with Next.js, this application can be used to view data about a loan, whether it be a mortgage or student loan.
Visit it now on Vercel.
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Instant Amortization - See in real-time the loan amortization schedule, including total interest and monthly payments divided by principal and interest
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Loan Information - View the total loan amount and the total amount of interest you will be paying
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Customizable Parameters - Adjust loan parameters, such as principal amount, interest rate, loan term, and payment frequency.
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Error Handling - Loans are limited to 500 million and 24 payments per year, and negative numbers are prevented with error messages displaying to alert the user of their mistake