Mortgage Calculator (incl. Down Payment)

Calculator.twig

{% set home_value = 560000 %}
{% set down_payment = home_value * 0.05 %}
{% set loan_term = 25 %}
{% set interest_rate = 3.19 %}
{% set result = (home_value - down_payment) * ( (interest_rate / 12 / 100) * ( (1 + interest_rate / 12 / 100) ) ** (loan_term * 12) / ( ( ( 1 + (interest_rate / 12 / 100 ) ) ** ( loan_term * 12 ) ) - 1 )) %}
<div class="uk-section uk-section-small uk-section-default uk-padding-remove-top">
    <h3>Payment Calculator</h3>
    <div>$<span class="payment-calculator-result">{{ result|number_format(0) }}</span> per month</div>
    <small>{{ loan_term }} Year Amortization with 5 Year Term, {{ interest_rate }}% Interest</small>
</div>