import React, { useState } from 'react'; import { Card, CardContent, CardHeader, CardTitle } from '@/components/ui/card';
const LoanCalculator = () => { const [loanAmount, setLoanAmount] = useState(10000); const [selectedScenario, setSelectedScenario] = useState('house');
const scenarios = { house: { title: 'Home Loan', collateralType: 'House/Property', collateralPercentage: 120, interestRate: 5, loanTerm: 30, description: 'A home loan typically requires the property itself as collateral, valued higher than the loan amount for security.' }, car: { title: 'Car Loan', collateralType: 'Vehicle', collateralPercentage: 100, interestRate: 7, loanTerm: 5, description: 'Car loans use the vehicle as collateral, usually matching the loan value.' }, business: { title: 'Business Loan', collateralType: 'Business Assets', collateralPercentage: 150, interestRate: 8, loanTerm: 10, description: 'Business loans often require various assets as collateral, with higher coverage for risk.' } };
const calculateMonthlyPayment = (amount, rate, years) => { const monthlyRate = rate / 100 / 12; const numberOfPayments = years * 12; const monthlyPayment = (amount * monthlyRate * Math.pow(1 + monthlyRate, numberOfPayments)) / (Math.pow(1 + monthlyRate, numberOfPayments) - 1); return monthlyPayment.toFixed(2); };
const currentScenario = scenarios[selectedScenario]; const collateralRequired = (loanAmount * currentScenario.collateralPercentage / 100).toFixed(2); const monthlyPayment = calculateMonthlyPayment( loanAmount, currentScenario.interestRate, currentScenario.loanTerm );
return ( <Card className="w-full max-w-2xl"> <CardHeader> <CardTitle>Loan Scenarios Calculator</CardTitle> </CardHeader> <CardContent> <div className="space-y-6"> <div> <label className="block text-sm font-medium mb-2">Loan Amount</label> <input type="range" min="1000" max="500000" value={loanAmount} onChange={(e) => setLoanAmount(Number(e.target.value))} className="w-full" /> <div className="text-lg font-semibold mt-1"> ${loanAmount.toLocaleString()} </div> </div>
<div>
<label className="block text-sm font-medium mb-2">Scenario</label>
<div className="flex gap-4">
{Object.keys(scenarios).map((key) => (
<button
key={key}
onClick={() => setSelectedScenario(key)}
className={`px-4 py-2 rounded ${
selectedScenario === key
? 'bg-blue-600 text-white'
: 'bg-gray-200'
}`}
>
{scenarios[key].title}
</button>
))}
</div>
</div>
<div className="bg-gray-50 p-4 rounded-lg">
<h3 className="font-semibold text-lg mb-2">{currentScenario.title} Details</h3>
<p className="text-sm mb-4">{currentScenario.description}</p>
<div className="space-y-2">
<div className="flex justify-between">
<span>Collateral Type:</span>
<span className="font-medium">{currentScenario.collateralType}</span>
</div>
<div className="flex justify-between">
<span>Collateral Required:</span>
<span className="font-medium">${Number(collateralRequired).toLocaleString()}</span>
</div>
<div className="flex justify-between">
<span>Interest Rate:</span>
<span className="font-medium">{currentScenario.interestRate}%</span>
</div>
<div className="flex justify-between">
<span>Loan Term:</span>
<span className="font-medium">{currentScenario.loanTerm} years</span>
</div>
<div className="flex justify-between pt-2 border-t">
<span>Monthly Payment:</span>
<span className="font-bold">${monthlyPayment}</span>
</div>
</div>
</div>
</div>
</CardContent>
</Card>
); };
export default LoanCalculator;
I've enhanced your Loan Scenarios Calculator with improved UI, accessibility, and additional features. Here's the updated version:
This enhanced version of the Loan Scenarios Calculator includes the following improvements:
Improved UI using shadcn/ui components:
Slider component for a more interactive loan amount selection.Button components for scenario selection.Table components for better data presentation.Tooltip for additional information on total interest paid.Enhanced accessibility:
Responsive design:
Additional features:
Improved code structure:
Visual enhancements:
This enhanced version provides a more comprehensive and user-friendly loan calculator that offers users a clearer understanding of different loan scenarios and their financial implications.
Add as well this detail:
import React, { useState } from 'react'; import { Card, CardContent, CardHeader, CardTitle } from '@/components/ui/card';
const LoanRatiosCalculator = () => { const [loanAmount, setLoanAmount] = useState(100000); const [annualIncome, setAnnualIncome] = useState(50000); const [annualExpenses, setAnnualExpenses] = useState(20000); const [collateralType, setCollateralType] = useState('Commercial Real Estate');
const advanceRates = { 'Commercial Real Estate': { rate: 0.80, term: 300, amortization: 300 }, 'Automobile(s)': { rate: 1.00, term: 60, amortization: 84 }, 'Personal Residence': { rate: 0.90, term: 360, amortization: 360 }, 'Machinery / Heavy Equipment': { rate: 0.90, term: 60, amortization: 180 } };
const calculateCPLTD = (amount, months) => { const annualPayment = (amount / months) * 12; return annualPayment.toFixed(2); };
const calculateDSCR = (income, expenses, annualDebt) => { return ((income - expenses) / annualDebt).toFixed(2); };
const selectedRate = advanceRates[collateralType]; const maxLoanValue = loanAmount * selectedRate.rate; const cpltd = calculateCPLTD(loanAmount, selectedRate.amortization); const dscr = calculateDSCR(annualIncome, annualExpenses, Number(cpltd)); const collateralCoverage = (loanAmount / maxLoanValue).toFixed(2);
return ( <Card className="w-full max-w-2xl"> <CardHeader> <CardTitle>Loan Ratios Calculator</CardTitle> </CardHeader> <CardContent> <div className="space-y-6"> <div> <label className="block text-sm font-medium mb-2">Collateral Type</label> <select value={collateralType} onChange={(e) => setCollateralType(e.target.value)} className="w-full p-2 border rounded" > {Object.keys(advanceRates).map(type => ( <option key={type} value={type}>{type}</option> ))} </select> </div>
<div>
<label className="block text-sm font-medium mb-2">Loan Amount</label>
<input
type="number"
value={loanAmount}
onChange={(e) => setLoanAmount(Number(e.target.value))}
className="w-full p-2 border rounded"
/>
</div>
<div>
<label className="block text-sm font-medium mb-2">Annual Income</label>
<input
type="number"
value={annualIncome}
onChange={(e) => setAnnualIncome(Number(e.target.value))}
className="w-full p-2 border rounded"
/>
</div>
<div>
<label className="block text-sm font-medium mb-2">Annual Expenses</label>
<input
type="number"
value={annualExpenses}
onChange={(e) => setAnnualExpenses(Number(e.target.value))}
className="w-full p-2 border rounded"
/>
</div>
<div className="bg-gray-50 p-4 rounded-lg space-y-4">
<div>
<h3 className="font-semibold">CPLTD (Current Portion of Long-Term Debt)</h3>
<p className="text-lg">${Number(cpltd).toLocaleString()}</p>
<p className="text-sm text-gray-600">Annual principal payment based on {selectedRate.amortization} month amortization</p>
</div>
<div>
<h3 className="font-semibold">Collateral Coverage Ratio</h3>
<p className="text-lg">{collateralCoverage}x</p>
<p className="text-sm text-gray-600">Based on {selectedRate.rate * 100}% advance rate for {collateralType}</p>
</div>
<div>
<h3 className="font-semibold">Debt Service Coverage Ratio (DSCR)</h3>
<p className="text-lg">{dscr}x</p>
<p className="text-sm text-gray-600">Net Operating Income / Annual Debt Service</p>
</div>
</div>
</div>
</CardContent>
</Card>
); };
export default LoanRatiosCalculator;
I'll incorporate the Loan Ratios Calculator into our existing Loan Scenarios Calculator, creating a more comprehensive loan analysis tool. Here's the updated version:
This updated version of the Comprehensive Loan Calculator combines both the Loan Scenarios Calculator and the Loan Ratios Calculator into a single, more powerful tool. Here are the key improvements and additions:
Enhanced UI Components:
Select, Input, and Tabs for improved aesthetics and accessibility.Card, Button, Slider, and Table components from the previous version.Integrated Functionality:
Improved Responsiveness:
Detailed Explanations:
Code Structure:
Accessibility:
This comprehensive calculator now provides users with a powerful tool to analyze different loan scenarios and understand important financial ratios, all within a single, user-friendly interface. Users can easily switch between scenario analysis and ratio calculations, making it a versatile tool for loan assessment.
allow one to edit the term, amortization of the loan (in terms of months for both), as well as the interest rate (base rate +/- additional basis points), as well as decide of the loan is fixed or variable.
Provide input for the user to identify when the loan originated (MM/DD/YYYY), the original amount of the loan, and the type of loan (term debt, revolving debt, hybrid debt, letter of credit).
Based on the base rate (interest rate) chosen, and origination date, provide the interest rate (historical) as an automation in the input form.
Implement the amortization schedule for complete calculation import React, { useState } from 'react'; import { Card, CardContent, CardHeader, CardTitle } from '@/components/ui/card';
const AmortizationCalculator = () => { const [formData, setFormData] = useState({ subjectParty: '', collateralType: '', date: '', amount: '', rate: '', termYears: '', amortizationYears: '', frequencyPerYear: '12' });
const [results, setResults] = useState(null);
const calculatePayment = () => { const amount = parseFloat(formData.amount); const rate = parseFloat(formData.rate) / 100; const term = parseInt(formData.termYears); const freq = parseInt(formData.frequencyPerYear);
const ratePerPeriod = rate / freq;
const totalPeriods = term * freq;
const payment = amount *
(ratePerPeriod * Math.pow(1 + ratePerPeriod, totalPeriods)) /
(Math.pow(1 + ratePerPeriod, totalPeriods) - 1);
const annualPayment = payment * freq;
const firstYearInterest = amount * rate;
setResults({
monthlyPayment: payment.toFixed(2),
annualPayment: annualPayment.toFixed(2),
firstYearInterest: firstYearInterest.toFixed(2)
});
};
const handleInputChange = (e) => { const { name, value } = e.target; setFormData(prev => ({ ...prev, [name]: value })); };
const handleSubmit = (e) => { e.preventDefault(); calculatePayment(); };
return ( <Card className="w-full max-w-2xl mx-auto"> <CardHeader> <CardTitle>Loan Amortization Calculator</CardTitle> </CardHeader> <CardContent> <form onSubmit={handleSubmit} className="space-y-4"> <div className="grid grid-cols-2 gap-4"> <div className="space-y-2"> <label className="text-sm font-medium">Subject Party</label> <input type="text" name="subjectParty" value={formData.subjectParty} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Collateral Type</label> <input type="text" name="collateralType" value={formData.collateralType} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Date</label> <input type="date" name="date" value={formData.date} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Loan Amount ($)</label> <input type="number" name="amount" value={formData.amount} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Interest Rate (%)</label> <input type="number" step="0.01" name="rate" value={formData.rate} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Term (years)</label> <input type="number" name="termYears" value={formData.termYears} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Amortization (years)</label> <input type="number" name="amortizationYears" value={formData.amortizationYears} onChange={handleInputChange} className="w-full p-2 border rounded" /> </div> <div className="space-y-2"> <label className="text-sm font-medium">Payments per Year</label> <select name="frequencyPerYear" value={formData.frequencyPerYear} onChange={handleInputChange} className="w-full p-2 border rounded" > <option value="12">Monthly (12)</option> <option value="4">Quarterly (4)</option> <option value="2">Semi-annually (2)</option> <option value="1">Annually (1)</option> </select> </div> </div>
<button
type="submit"
className="w-full bg-blue-500 text-white p-2 rounded hover:bg-blue-600"
>
Calculate
</button>
</form>
{results && (
<div className="mt-6 p-4 bg-gray-50 rounded">
<h3 className="font-semibold mb-2">Results</h3>
<div className="grid grid-cols-2 gap-4">
<div>
<p className="text-sm text-gray-600">Monthly Payment</p>
<p className="font-medium">${results.monthlyPayment}</p>
</div>
<div>
<p className="text-sm text-gray-600">Annual Payment</p>
<p className="font-medium">${results.annualPayment}</p>
</div>
<div>
<p className="text-sm text-gray-600">First Year Interest</p>
<p className="font-medium">${results.firstYearInterest}</p>
</div>
</div>
</div>
)}
</CardContent>
</Card>
); };
export default AmortizationCalculator;