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Mortgage Calculator is a simple tool for calculating mortgage payments. It returns the monthly payment, total interest, and more.

Project description

Mortgage Calculator API

Mortgage Calculator is a simple tool for calculating mortgage payments. It returns the monthly payment, total interest, and more.

Build Status Code Climate Prod Ready

This is a Python API Wrapper for the Mortgage Calculator API


Installation

pip install apiverve-mortgagecalculator

Configuration

Before using the mortgagecalculator API client, you have to setup your account and obtain your API Key.
You can get it by signing up at https://apiverve.com


Usage

The Mortgage Calculator API documentation is found here: https://docs.apiverve.com/api/mortgagecalculator.
You can find parameters, example responses, and status codes documented here.

Setup

# Import the client module
from apiverve_mortgagecalculator.apiClient import MortgagecalculatorAPIClient

# Initialize the client with your APIVerve API key
api = MortgagecalculatorAPIClient("[YOUR_API_KEY]")

Perform Request

Using the API client, you can perform requests to the API.

Define Query
query = {  "amount": 570000,  "rate": 6.8,  "years": 30 }
Simple Request
# Make a request to the API
result = api.execute(query)

# Print the result
print(result)
Example Response
{
  "status": "ok",
  "error": null,
  "data": {
    "amount": 570000,
    "downpayment": 0,
    "rate": 6.8,
    "years": 30,
    "total_interest_paid": 767750.49,
    "monthly_payment": {
      "total": 3715.97,
      "mortgage": 3715.97,
      "property_tax": 0,
      "hoa": 0,
      "home_insurance": 0
    },
    "annual_payment": {
      "total": 44591.68,
      "mortgage": 44591.68,
      "property_tax": 0,
      "hoa": 0,
      "home_insurance": 0
    },
    "amortization_schedule": [
      {
        "month": 1,
        "interest_payment": 3230,
        "principal_payment": 485.97,
        "remaining_balance": 569514.03
      },
      {
        "month": 2,
        "interest_payment": 3227.25,
        "principal_payment": 488.73,
        "remaining_balance": 569025.3
      },
      {
        "month": 3,
        "interest_payment": 3224.48,
        "principal_payment": 491.5,
        "remaining_balance": 568533.8
      },
      {
        "month": 4,
        "interest_payment": 3221.69,
        "principal_payment": 494.28,
        "remaining_balance": 568039.52
      },
      {
        "month": 5,
        "interest_payment": 3218.89,
        "principal_payment": 497.08,
        "remaining_balance": 567542.44
      },
      {
        "month": 6,
        "interest_payment": 3216.07,
        "principal_payment": 499.9,
        "remaining_balance": 567042.54
      },
      {
        "month": 7,
        "interest_payment": 3213.24,
        "principal_payment": 502.73,
        "remaining_balance": 566539.8
      },
      {
        "month": 8,
        "interest_payment": 3210.39,
        "principal_payment": 505.58,
        "remaining_balance": 566034.22
      },
      {
        "month": 9,
        "interest_payment": 3207.53,
        "principal_payment": 508.45,
        "remaining_balance": 565525.78
      },
      {
        "month": 10,
        "interest_payment": 3204.65,
        "principal_payment": 511.33,
        "remaining_balance": 565014.45
      },
      {
        "month": 11,
        "interest_payment": 3201.75,
        "principal_payment": 514.23,
        "remaining_balance": 564500.22
      },
      {
        "month": 12,
        "interest_payment": 3198.83,
        "principal_payment": 517.14,
        "remaining_balance": 563983.09
      },
      {
        "month": 13,
        "interest_payment": 3195.9,
        "principal_payment": 520.07,
        "remaining_balance": 563463.02
      },
      {
        "month": 14,
        "interest_payment": 3192.96,
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        "remaining_balance": 562940
      },
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        "interest_payment": 3189.99,
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        "remaining_balance": 562414.02
      },
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      },
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      },
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        "remaining_balance": 560818.13
      },
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      },
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        "interest_payment": 3174.92,
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      },
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      },
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      },
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      },
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      },
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      },
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}

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