Created
May 18, 2015 16:15
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| loan_amount = 250000 | |
| rate = 0.42 / 12 | |
| periods = 60 | |
| #Monthly payment amount | |
| payment_amount = loan_amount * ( (rate * ( 1 + rate)**periods) / ( ( 1 + rate )**periods - 1) ) | |
| #Total payment (capital + interest) | |
| amortization_table = [] | |
| period_values = [] | |
| periods.times do |period| | |
| #Remaining debt after payment | |
| loan_amount = loan_amount * (1 + rate) - payment_amount | |
| #Monthly payment | |
| payment = (payment_amount * periods) / periods | |
| amortization_table << [ [loan_amount], [payment]}] | |
| end |
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