The world's best Mortgage Calculator -- guaranteed. Created with React, Redux, and passing tests!
To run a development server, simply type npm i
followed by npm run start
.
M is Monthly Payment, P is principal, r is monthly interest rate, n is number of payments
M = P * ((r * ((1 + r)^n))/(((1 + r)^n) - 1))
npm run test
will run through them in the console.