centralapps/mortgage-calculator

A class for calculating remaining amounts on a mortgage

Maintainers

Details

github.com/mkpeacock/PHP-Mortgage-Calculator

Source

Issues

Installs: 148

Dependents: 0

Suggesters: 0

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Stars: 16

Watchers: 3

Forks: 7

Open Issues: 0

dev-master 2013-06-13 09:15 UTC

Requires

  • php: >=5.3.0

MIT 864e7a328bbca6c342f92eb51a405083420d7854

calculatormortgageinterest onlyrepaymentinterest

This package is not auto-updated.

Last update: 2024-11-19 03:33:05 UTC

README

Calculates monthly repayment and monthly interest-only costs for a mortgage.

Example

require_once 'vendor/autoload.php';
$calculator = new CentralApps\MortgageCalculator\Calculator();
$calculator->setAmountBorrowed( 125000 );
$calculator->setInterestRate( 6 );
$calculator->setYears( 25 );
echo 'Monthly repayment costs £' . $calculator->calculateRepayment() . PHP_EOL;
echo 'Monthly interest-only costs £' . $calculator->calculateInterestOnlyPayment() . PHP_EOL;

Change log

  • Cleaned up some code, added composer.json support
  • Initial version of the library

Todo

  • Abstract mortgage to a separate class, support calculating things like repayment time left, total repayment amount, and so on