kaurikk/loan-payment-period

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[Loan payment period calculation library]

0.0.2 2017-04-28 12:18 UTC

Requires

• php: >=7.1
• kaurikk/loan-payment-schedule: >=0.0

Requires (Dev)

• phpunit/phpunit: >=6.0

MIT

• Kauri Kont-Kontson

README

loan-payment-period

Library to generate loan payment periods based on payment schedule. Contains 3 main parts:

• PaymentPeriodsFactory - generates payment periods based on payment schedule
• PaymentPeriods - holds payment periods collection
• Period - single period

Basic usage

See more about PaymentSchedule.

$paymentPeriods = PaymentPeriodsFactory::generate($paymentSchedule);

// How many periods are in collection
$numberOfPayments = $paymentPeriods->getNoOfPeriods();

// Get array of Periods from collection
$periods = $paymentPeriods->getPeriods();


// Get first period from Periods array
$firstPeriod = current($periods);

// Period start date
$firstPeriod->getStart();
// Period end date
$firstPeriod->getEnd();

Periods can have two different type of length:

• Average: for monthly payements it's 30
• Exact: exact different between start and end of period (from 28 to 31 or even more is adjusting logic is used)

// How long is period - average (days)
$firstPeriod->getAvgLength();

// How long is period - exact (days)
$firstPeriod->getExactLength();