Payment Planner API

Precisely produce loan amortization schedules with the Payment Planner API.

About the API:  

The Payment Planner API is designed to empower users to create applications that offer complete loan payment schedules. Whether you are building a financial planning tool, banking interface, or loan management system, this API offers essential functionality for accurate calculation and visualization of loan repayment schedules.

A notable feature of the Payment Planner API is its ability to generate complex loan amortization schedules based on user-defined parameters. Users can enter vital loan details such as principal amount, interest rate, loan term and payment frequency to accurately calculate the payment schedule. This functionality helps users understand the breakdown of their loan payments over time, covering the distribution of principal and interest components.

In terms of integration, the Payment Planner API presents seamless integration paths for users. With its easy-to-use endpoint and comprehensive documentation, users can integrate the API into their applications effortlessly and with minimal hassle.

Basically, the Payment Planner API provides users with a robust set of tools to develop applications with complete loan payment functionality. With its precise calculations, adaptable customization options, and easy integration capabilities, the API enables users to create innovative financial applications tailored to the diverse needs of users within the realm of lending and financial services.

 

What this API receives and what your API provides (input/output)?

It will receive parameters and provide you with a JSON.

 

What are the most common uses cases of this API?

  1. Financial planning applications: Integrate the API to enable users to calculate loan repayment terms and plan their finances effectively.

    Banking platforms: Incorporate the API to provide loan repayment capabilities so customers understand their repayment obligations.

    Loan management systems: Use the API to generate comprehensive loan schedules and manage repayment activities efficiently.

    Mortgage calculators: Integrate the API to provide users with information on their mortgage amortization schedules and total interest payments.

    Personal finance tools: Incorporate the API to enable users to assess the impact of loan repayments on their overall financial health.

Are there any limitations to your plans?

Besides the number of API calls, there is no other limitation.

API Documentation

Endpoints


To use this endpoint you must indicate the annual interest, start date, installments and principal amount in the parameters.



                                                                            
GET https://zylalabs.com/api/3820/payment+planner+api/4437/calculate+payments
                                                                            
                                                                        

Calculate Payments - Endpoint Features

Object Description
annualInterestRate [Required] Indicates anual interest rate
startDate [Required] Indicates start date
installmentCount [Required] Indicates payment installments
principalAmount [Required] Indicates an amount
Test Endpoint

API EXAMPLE RESPONSE

       
                                                                                                        
                                                                                                                                                                                                                            [{"date":"2023-06-15","interest":41.666666666666664,"principal":814.4081512180071,"payment":856.0748178846737,"balance":9185.591848781993},{"date":"2023-07-15","interest":38.27329936992497,"principal":817.8015185147488,"payment":856.0748178846737,"balance":8367.790330267244},{"date":"2023-08-15","interest":34.86579304278018,"principal":821.2090248418936,"payment":856.0748178846737,"balance":7546.58130542535},{"date":"2023-09-15","interest":31.444088772605625,"principal":824.6307291120681,"payment":856.0748178846737,"balance":6721.950576313282},{"date":"2023-10-15","interest":28.00812740130534,"principal":828.0666904833683,"payment":856.0748178846737,"balance":5893.883885829913},{"date":"2023-11-15","interest":24.557849524291306,"principal":831.5169683603824,"payment":856.0748178846737,"balance":5062.366917469531},{"date":"2023-12-15","interest":21.093195489456377,"principal":834.9816223952173,"payment":856.0748178846737,"balance":4227.385295074313},{"date":"2024-01-15","interest":17.61410539614297,"principal":838.4607124885308,"payment":856.0748178846737,"balance":3388.9245825857824},{"date":"2024-02-15","interest":14.120519094107427,"principal":841.9542987905663,"payment":856.0748178846737,"balance":2546.9702837952163},{"date":"2024-03-15","interest":10.612376182480068,"principal":845.4624417021937,"payment":856.0748178846737,"balance":1701.5078420930226},{"date":"2024-04-15","interest":7.0896160087209275,"principal":848.9852018759528,"payment":856.0748178846737,"balance":852.5226402170698},{"date":"2024-05-15","interest":3.552177667571124,"principal":852.5226402171027,"payment":856.0748178846737,"balance":-3.285549610154703e-11}]
                                                                                                                                                                                                                    
                                                                                                    

Calculate Payments - CODE SNIPPETS


curl --location --request GET 'https://zylalabs.com/api/3820/payment+planner+api/4437/calculate+payments?annualInterestRate=5&startDate=2023-06-15&installmentCount=12&principalAmount=10000' --header 'Authorization: Bearer YOUR_API_KEY' 


    

API Access Key & Authentication

After signing up, every developer is assigned a personal API access key, a unique combination of letters and digits provided to access to our API endpoint. To authenticate with the Payment Planner API REST API, simply include your bearer token in the Authorization header.
Headers
Header Description
Authorization [Required] Should be Bearer access_key. See "Your API Access Key" above when you are subscribed.

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Users must indicate the annual interest rate, start date, installment count and principal amount in order to use this API.

The Payment Planner API designed to help users build applications that offer comprehensive loan amortization schedules.

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