mortgage-calculator/mortgage-calculator.lisp

55 lines
1.4 KiB
Common Lisp

;;;; Mortgage Calculators
#|
P = payment
PV = Present Value
r = rate per period
n = number of periods
P = (r(PV)) / (1-(1+r)^-n)
Okay, but I want to find PV instead
Guess I need to remember algebra
P = (r(PV)) / (1-(1+r)^-n)
P * (1-(1+r)^-n) = r * PV
(P * (1-(1+r)^-n) / r = PV
monthly-payments conversion
(find-payments loan-total (/ rate 12) (* number-of-payments 12)))
find-payments = loan-total
|#
(defun find-payments (loan-total rate number-of-payments)
"Generic payment calculation"
(/ (* rate loan-total)
(- 1 (expt (+ 1 rate) (* number-of-payments -1)))))
(defun find-monthly-payments(loan-total rate number-of-payments)
"Monthly payment by loan/rate/number of years"
(find-payments loan-total (/ rate 12) (* number-of-payments 12)))
(defun find-monthly-payment-total-per-year (loan-total rate number-of-payments)
"Total monthly payments per year"
(* (find-monthly-payments loan-total rate number-of-payments) 12))
;; fixme: add function to take monthly-payments rate num-of-payments
(defun find-biggest-loan (payments rate number-of-payments)
"Generic loan calculation"
(/ (* payments
(- 1
(expt (+ 1 rate) (* -1 number-of-payments))))
rate))
(defun find-biggest-loan-monthly (payments rate number-of-payments)
"Largest loan by payments/interest rate/number of years"
(find-biggest-loan payments (/ rate 12) (* number-of-payments 12)))