API Reference

Amortization

post
https://app.lendapi.com/api/v1/amortization/

This endpoint calculates and returns the amortization schedule for a loan based on the provided loan details. The amortization schedule breaks down each payment into principal and interest components over the life of the loan. APR and periodic_payment are also calculated.

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Body Params
float
required

Loan Amount, this is the loan amount with two decimal points, for example 10000.12

float

Application Fee. Will use 0 if empty

float
required

Loan Interest Rate in percentage. If interest rate is 12.50%, you shall enter 12.50

int32
required

The number of term per the term_frequency below

string
required

Can be ‘monthly', 'semi-monthly', 'bi-weekly', 'weekly', 'quarterly’

string

Optional. Fund disbursement date, date format yyyy-MM-dd

string

Optional. First payment date, date format yyyy-MM-dd

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Updated 12 months ago

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Updated 12 months ago