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Informations about the package loan-amortization

Loan Amortization SDK by Phelix Juma

This is a PHP SDK for calculating loan amortization Calculates the total interest, repayment amount as well as the repayment schedule

Types of Interests Included

Types of Amortization Included

Grace on Repayments

The package supports three types of grace on repayments

Installation

composer require phelix/loan-amortization

How To test

The test is more of a visualization tool than an actual test.

vendor/bin/phpunit test

Documentation

As you go through the sample code samples, please note that anywhere with periods, the period types can take any of the values: days, weeks, months and years . Everything in lower case and plural.

1. Flat Interest Rate

Loan Details:

2. Reducing Balance - Equal Principal Repayments

Loan Details:

3. Reducing Balance - Equal Installment Repayments

Loan Details:

4. Grace on Principal Payments

Loan Details:

Credits


All versions of loan-amortization with dependencies

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