Calculate loan payment information based upon specified parameters.

calculate_loan_payment(
  loan_start_date = "2016-06-01",
  amount_initial_draw = 3000,
  is_interest_only = F,
  interest_only_periods = 24,
  interest_rate = "10%",
  is_actual_360 = TRUE,
  amortization_years = 10,
  amortization_months = 0,
  term_years = 10,
  term_months = 0,
  pct_loan_fee = 0,
  balloon_year = 10,
  override_monthly_interest = FALSE,
  interest_reserve_period = 0,
  balloon_month = 0,
  return_annual_summary = F
)

Arguments

loan_start_date

date loan starts in year, month, date form

amount_initial_draw

amount of initial draw

is_interest_only

TRUE has interest only periods

interest_only_periods

count of interest only periods

interest_rate

interest rate in character or numeric form

is_actual_360

TRUE interest calculated on actual/360 basis

amortization_years

amortization in years

amortization_months

amortization additional months

term_years

term of the loan in years

term_months

term of the loan additional months

pct_loan_fee

loan fee in percent

balloon_year

year loan baloons

override_monthly_interest

TRUE override

interest_reserve_period

periods of interest reserve

balloon_month

month loan baloons

return_annual_summary

TRUE returns annual summary

Value

a tibble

See also

Examples

calculate_loan_payment(loan_start_date = "2016-06-01", amount_initial_draw = 3000, is_interest_only = F, interest_only_periods = 24,
interest_rate = "10%", is_actual_360 = TRUE, amortization_years = 10, amortization_months = 0,
term_years = 10, term_months = 0, pct_loan_fee = 0, balloon_year = 10,
override_monthly_interest = FALSE, interest_reserve_period = 0, balloon_month = 0,
return_annual_summary = F)