ALL BUSINESS ENGLISH ARTICLES ΧΡΗΜΑΤΟΟΙΚΟΝΟΜΙΚΑ

Amortization Schedule

Here’s a simple HTML dashboard that calculates the monthly payment, total cost of the house, and displays an amortization schedule along with a chart. This example uses JavaScript for calculations and Chart.js for the chart visualization.

Mortgage Dashboard

House Price: $1,450,000

Downpayment: $625,000

Loan Amount: $825,000

Interest Rate: 3.75%

Loan Term: 25 years

html_dashboard
Click

Mortgage Dashboard to view it.

# Explanation:
1. Calculations:
– The monthly payment is calculated using the formula for an amortizing loan.
– The total cost of the house includes the down payment and total payments over the loan term.

2. Amortization Schedule:
– The schedule is generated for each year, showing the beginning balance, ending balance, principal paid, interest paid, and cumulative totals.

3. Chart:
– A line chart visualizes the cumulative principal and interest paid over the years using Chart.js.

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