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Tool 1: mortgage length calculator. This Python 3.6 tool calculates the length of a mortgage based on a fixed interest rate and fixed monthly repayments. Note that in this simplified tool, the interest rate is compounded monthly and repayments are assumed to be made at the beginning of every month.
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Tool 2: mortgage schedule. This R 3.4 script calculates the length of a mortgage based on a fixed interest rate and fixed monthly repayments. The interest is compounded daily, and repayments are assumed to be made at the end of the month. The script also produces a full repayment schedule with details on the amounts of interest and principal repaid every month.
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Tools for simple mortgage calculations
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amtelford/Mortgage_calculators
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