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NAME

Calculator::MortgagePayment - Interface to Mortgage Payment Calculator.

VERSION

Version 0.02

DESCRIPTION

A very lightweight interface to calculate the mortgage payment with either the repayment or interest only option.

CONSTRUCTOR

The constructor expects three parameters i.e. amount, rate and term as specified below in the table.

    +-----------+------------------------------------------------+
    | Parameter | Meaning                                        |
    +-----------+------------------------------------------------+
    | amount    | The total loan amount without any comma in it. |
    | rate      | The interest rate.                             |
    | term      | The total number of months.                    |
    +-----------+------------------------------------------------+

    use strict; use warnings;
    use Calculator::MortgagePayment;

    my ($calculator);

    $calculator = Calculator::MortgagePayment->new(100000, 5.5, 360);
    # or
    $calculator = Calculator::MortgagePayment->new({amount => 100000, rate => 5.5, term => 360});

METHODS

repayment()

Returns the amount to be paid monthly with repayment option.

    use strict; use warnings;
    use Calculator::MortgagePayment;

    my $calculator = Calculator::MortgagePayment->new(100000, 5.5, 360);
    my $repayment  = $calculator->repayment();

interestOnly()

Returns the amount to be paid monthly with interest only option.

    use strict; use warnings;
    use Calculator::MortgagePayment;

    my $calculator   = Calculator::MortgagePayment->new(100000, 5.5, 360);
    my $interestOnly = $calculator->interestOnly();

AUTHOR

Mohammad S Anwar, <mohammad.anwar at yahoo.com>

BUGS

Please report any bugs or feature requests to bug-calculator-mortgagepayment at rt.cpan.org or through the web interface at http://rt.cpan.org/NoAuth/ReportBug.html?Queue=Calculator-MortgagePayment. I will be notified and then you'll automatically be notified of progress on your bug as I make changes.

SUPPORT

You can find documentation for this module with the perldoc command.

    perldoc Calculator::MortgagePayment

You can also look for information at:

LICENSE AND COPYRIGHT

Copyright 2011 Mohammad S Anwar.

This program is free software; you can redistribute it and/or modify it under the terms of either: the GNU General Public License as published by the Free Software Foundation; or the Artistic License.

See http://dev.perl.org/licenses/ for more information.

DISCLAIMER

This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.