This AngularJS demonstration project was created using Visual Studio Code 1.48.0, AngularJS v1.8.0, HTML, & CSS. The objective is to demonstrate a single-page application with a responsive layout that does not reload the page and uses a JavaScript-based open-source front-end web framework.
Monthly mortgage payments are calculated using the following formula:
- n is the term in number of months
- PMT is the monthly payment
- i is the monthly interest rate (interest rate divided by 100 divided by 12)
- PV is the mortgage amount (present value)
This can answer what your monthly mortgage payments would be based on term, interest rate, and loan.
Loan amounts are calculated using the following formula:
- P0 is the initial amount/balance/principal
- d is the loan payment
- r is the annual interest rate
- k is the number of compounding periods per year
- N is the length of the loan in years
This can answer what you can afford with a $300 payment at 3% interest for 60 months.