Mortgage Calculation API

The Mortgage Calculation API is a service that provides developers with programmable access to detailed mortgage and home financing payment information.

The API utilizes standard mortgage calculation formulas to compute mortgage payments, taking into account factors such as principal amount, loan duration, and interest rate.

Users need to provide essential mortgage parameters such as principal amount, loan term (in years or months), and annual interest rate to perform mortgage calculations.

The API returns various payment information, including monthly payments, annual payments, and interest rate details based on the provided mortgage parameters.

The API's calculations are based on standard mortgage formulas and are generally accurate. However, users should verify the results and consult with financial professionals for precise financial planning.

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