1 00:00:00,630 --> 00:00:09,900 Let's take a look at what we are going to create for this project is going to be a basic loan calculator 2 00:00:09,960 --> 00:00:16,650 that you can use to calculate your monthly payment either for your mortgage or any type of loan you 3 00:00:16,650 --> 00:00:17,450 have. 4 00:00:17,460 --> 00:00:26,220 So basically you enter in the amounts if for example I won or borrow a loan of one thousand dollars 5 00:00:27,060 --> 00:00:29,120 and I won or repay that far. 6 00:00:29,280 --> 00:00:30,690 10 months. 7 00:00:30,690 --> 00:00:33,630 And the interest rate is 10 percent. 8 00:00:33,780 --> 00:00:35,670 So it tells me a big amount. 9 00:00:35,670 --> 00:00:43,650 This is the monthly payment I will pay over 10 months for me to pay off the loan. 10 00:00:43,650 --> 00:00:47,310 So that's basically what we are going to create. 11 00:00:47,490 --> 00:00:48,240 That's it. 12 00:00:48,240 --> 00:00:49,350 Thanks for watching. 13 00:00:49,350 --> 00:00:50,180 Bye for now.