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Update mortgage.py #182

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23 changes: 21 additions & 2 deletions Work/mortgage.py
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Original file line number Diff line number Diff line change
@@ -1,3 +1,22 @@
# mortgage.py
#
# Exercise 1.7
principal = 500000.0
rate = 0.05
payment = 2684.11
extra_payment = 1000.0
total_paid = 0.0
months = 0

# First year with extra payments
for month in range(12):
principal = principal * (1 + rate / 12) - (payment + extra_payment)
total_paid += (payment + extra_payment)
months += 1

# Remaining months without extra payments
while principal > 0:
principal = principal * (1 + rate / 12) - payment
total_paid += payment
months += 1

print('Total paid:', total_paid)
print('Months required:', months)