Goal:
-
A loan calculator for unsub loans
-
The purpose of this to help a friend better understand the math behind his student loans.
-
I spent sometime reverse engineering the math understanding how the interest grew with each loan.
-
Loan services don't explicity tell you how it grows i.e monthly, daily and can change how the loan growth is predicted.
-
This is important to know when you want to pay off your loan quickly and understand how much you need to pay where you arent constantly just paying off interest.
-
Its a just fun way to use python and a good way to show how unsubizied loans work.
-
My future goal is to turn this into a calculator with a gui potentially figure out a universal way to reformualte all student loans.