Loan Comparison
Given predicted rate increases over the next 10 years, find appropriate loan pricing for several different loan types: fixed, variable, and fixed with a rate reset. The results will show that the lending bank would be indifferent to whichever loan the customer chooses as total interest income over the life of the loan is equal in all scenarios.
TODO
- Error handling within the form. Maximum term amount can only be 120 months (10 years)
- Retrieve proxy rates from database
- Updated dictionary that allows for more dynamic loop in index.html
Built With
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Flask
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Plotly