Python Mortgage Calculator Project

Python Mortgage Calculator Project

Hey fellow coders!

I wanted to share a project I’ve been working on - a simple yet effective Mortgage Calculator written in Python. This tool can help you understand the monthly payments of a mortgage given the principal amount, annual interest rate, and the loan term.

How it works

The script prompts the user to input the principal loan amount, the annual interest rate (in percentage), and the loan term (in years). It then calculates and outputs the monthly mortgage payment.

Key Python Concepts Used

  • Basic I/O functions
  • Arithmetic operations
  • Defining and calling custom functions

Running the code

To use this program, you must first clone the repository to your local machine. Then, navigate to the directory where the file is located and run the Python script in your terminal using python


I’m open to contributions and improvements to this project. If you see a way to refine the code or make it more efficient, feel free to fork the repository, make your changes, and submit a pull request.

I’m eager to hear your thoughts and feedback. Happy coding!