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kidddevs committed Jan 17, 2024
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![CalcX - Loan Calculator API Logo](assets/calcx-cover.png)

# CalcX - Loan Calculator API

## Overview

Welcome to CalcX - Loan Calculator API, your all-in-one solution for seamless financial planning. This API empowers developers, fintech innovators, and businesses to integrate powerful Loan and Mortgage Calculators into their applications, providing users with accurate and insightful financial information.

## Key Features

### Loan Calculator

- **Loan Estimation:** Quickly calculate monthly payments and interest rates for various types of loans.
- **User-Friendly:** Intuitive and easy-to-integrate API for a seamless user experience.
- **Customizable:** Tailor the Loan Calculator to fit your unique application requirements.

### Mortgage Calculator

- **Homeownership Made Easy:** Estimate mortgage payments, understand amortization schedules, and optimize budgets for stress-free home buying.
- **Precision Matters:** Accurate calculations for confident financial planning.
- **Developer-Friendly:** Simple integration into your platform with comprehensive documentation.

## Endpoints

- **Loan Calculator:**
- `POST /loan`: Calculate loan details such as monthly payments and interest rates.
- Example Request:
```json
{
"loanAmount": 50000,
"interestRate": 5,
"loanTerm": 24
}
```
- Example Response:
```json
{
"monthlyPayment": 2195.54,
"totalInterest": 26732.96,
"totalPayment": 76732.96
}
```

- **Mortgage Calculator:**
- `POST /mortgage`: Estimate mortgage payments and generate amortization schedules.
- Example Request:
```json
{
"loanAmount": 250000,
"interestRate": 3.5,
"loanTerm": 30
}
```
- Example Response:
```json
{
"monthlyPayment": 1122.61,
"totalInterest": 139316.86,
"totalPayment": 389316.86
}
```

## Advantages

- **Seamless Integration:** Effortlessly integrate CalcX into your platform with our developer-friendly API.
- **Accurate and Reliable:** Trust in precise calculations to provide users with dependable financial insights.
- **Customizable Solutions:** Tailor the API to your unique needs for a personalized and scalable financial planning experience.
- **Empower Users:** Transform complex financial calculations into simple, actionable insights, empowering your users to make informed and confident decisions.
- **Stay Ahead:** Join our community of developers and businesses revolutionizing financial planning with CalcX - Loan Calculator API.

## Get Started

Ready to transform the way your users approach financial planning? Explore CalcX now by [clicking here](https://rapidapi.com/kidddevs/api/calcx-loan-calculator). Integrate CalcX and witness your users embark on a path of financial empowerment! 🚀💰
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