Mortgage Calculator (Student Project)
Problem
There comes a time in the life of an adult where they start to quit renting and plan a home purchasing decision for their family or self. The next logical step could be visting your banking institution's website or a customer care agent who can guide you on the best mortgages out there for you.
Objectives
- Using Javascript to calculate affordability of a home
- Use financial algorithms
- Build with vanilla (plain) Javascript
- Build with a library such as ReactJS
Result
You should have a nice looking form - feel free to play with the calculator below.
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Your monthly payment
$1500
Your 30 year fixed loan term
Monthly payment
Compare Loan typesAmortization
Principal and Interest
$1,163
Property taxes
$203
Homeowners insurance
$233