Loan Calculator

I decided to try something different, and here it is, a Loan Calculator!

I hope to tweak it more as time goes by, and integrate it into actual business websites that I have in mind.

It is intended for those planning to buy a car, a house, or need a loan for any other purpose, to assist you in making informed financial decisions.

What Does the Loan Calculator Do?

The Loan Calculator app, powered by a Flask backend and HTML frontend, allows you to input your loan amount, annual interest rate, and loan term in years. With just a click of a button, you'll instantly get detailed information about your loan, including:

• Monthly Payment: The amount you'll need to pay each month.
• Total Interest Payable: The total amount of interest you'll pay over the loan term.
• Total Payment: The total amount you'll pay back, including both the principal and interest.

How to Use the App

1. Clone the Repository:

   git clone https://github.com/JosephMurage/loan-calculator.git
   cd loan-calculator

2. Install Dependencies:

   pip install flask

3. Run the Application:

   python app.py

4. Access the App: Open your web browser and go to http://127.0.0.1:5000. You'll see the loan calculator interface where you can enter your loan details and get instant calculations.

Future Plans

I'm just getting started! 🚀 Here are some exciting plans I have for this web app:

• Beautiful and Responsive Design: I'll enhance the user interface using modern CSS frameworks like Bootstrap or Tailwind CSS to make it look stunning on any device.
• Interactive Features: Adding JavaScript to provide real-time updates as you input your loan details, making the user experience seamless and engaging.
• Additional Calculations: Introducing more financial calculations, such as amortization schedules, to give you deeper insights into your loan.
• User Authentication: Implementing user accounts so you can save your calculations and access them anytime, anywhere.

Stay tuned for these updates and more!

Contributing

Feel free to fork the repository, make improvements, and submit pull requests. Your contributions will help make this project even better.

License

This project is licensed under the MIT License - see the LICENSE file for details.