lending.overpayment-effect Unreviewed
What a one-off overpayment does to a loan: a shorter term at the same payment, or a lower payment over the same term.
overpayment_effect in PythonTagged lending
8 capabilities
lending.early-settlement Unreviewed
Early settlement figure and rebate on UK regulated consumer credit, per the Early Settlement Regulations 2004.
early_settlement in Python
lending.affordability Unreviewed
Debt-to-income and a stressed-rate affordability test for a proposed loan's monthly repayment.
affordability in Python
lending.amortisation-schedule Unreviewed
Repayment schedule for a level-payment loan: interest, principal and balance per period, ending at exactly zero.
amortisation_schedule in Python
lending.apr Unreviewed
Consumer-credit APR from drawdowns and repayments, by the FCA CONC App 1.2.6 equation, to one decimal place.
apr in Python
lending.loan-payment Unreviewed
Level repayment for a loan (annuity formula), computed exactly and rounded once, the way you choose.
loan_payment in Python
lending.daily-interest Unreviewed
Interest accrued day by day on a changing balance under a day-count convention, summed exactly and rounded once.
daily_interest in Python
lending.ltv Unreviewed
Loan-to-value ratio in basis points, and the band it falls in from a band table you supply.
loan_to_value in Python