McBride Financial Services is a start-up regional owe lender headquartered in Boise, Idaho. The firm forget specialize in conventional, FHA, and VA loans for home purchasing and refinancing. The company intends to expand its operations into Wyoming, Montana, northwesterly Dakota and South Dakota. McBride Financial Services will be the preeminent provider of low cost mortgage services exploitation narrate of the art technology in the five state areas of Idaho, Montana, Wyoming, North Dakota, and South Dakota (McBride Financial Services, n.d.). The company has requested a mortgage calculator on its website. Agents in the field offices unavoidableness to calculate mortgage payment amounts. The calculator determines the effect of a new interest rate or a shorter or longer repayment schedule (Hudson Valley Business Journal, 2002). A team of two programmers is needed for this request.
The mortgage calculator will calculate a monthly payment base on principal, interest, and number of years. The three inputs are manually entered by the user and can be changed, depending on the users circumstances. The user presses the calculate button and the monthly payment is displayed on the screen. The avocation are examples of the calculator
Mortgage Calculator
Calculates a monthly payment base on principal, interest, and number of years.
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Top of Form
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Mortgage Calculator
Calculates a monthly payment based on principal, interest, and number of years.
[pic]Your Monthly Payment for 30 Years
for an Interest Rate of 6.000 %
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