public List <Payment> CalculatePayments(BaseLoan loan)
{
_loan = loan;
List <Payment> payments = new List <Payment>();
double amountLeft = _loan.LoanAmount;
double principal = amountLeft / _loan.LoanTermInMonths;
double monthlyInterest;
double payment;
for (int currentMonth = 1; currentMonth <= _loan.LoanTermInMonths; currentMonth++)
{
monthlyInterest = (amountLeft * _loan.Interest) / 12;
amountLeft = (currentMonth != _loan.LoanTermInMonths) ? amountLeft - principal : 0;
payment = principal + monthlyInterest;
Payment paymentToAdd = _paymentFactory.Create(
DateTime.Now.AddMonths(currentMonth),
payment,
principal,
monthlyInterest,
amountLeft
);
payments.Add(paymentToAdd);
}
return(payments);
}
public List <Payment> CalculatePayments(BaseLoan loan)
{
_loan = loan;
List <Payment> payments = new List <Payment>();
double monthlyInterest;
double principal;
double amountLeft = _loan.LoanAmount;
double payment = calculateMonthlyPayment();
for (int currentMonth = 1; currentMonth <= _loan.LoanTermInMonths; currentMonth++)
{
monthlyInterest = _loan.Interest / 12 * amountLeft;
if (currentMonth != _loan.LoanTermInMonths)
{
principal = payment - monthlyInterest;
}
else
{
principal = amountLeft;
payment = amountLeft + monthlyInterest;
}
amountLeft -= principal;
Payment paymentToAdd = _paymentFactory.Create(
DateTime.Now.AddMonths(currentMonth),
payment,
principal,
monthlyInterest,
amountLeft
);
payments.Add(paymentToAdd);
}
return(payments);
}