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Loan qualifier

Add new features and enhancements to the loan qualifier application. The loan qaulifier app is deigned to meet the following user stories extracted from the Bootcamp Asynchronous lecture notes:

User stories:

  • As a lender, I want to calculate the monthly debt-to-income ratio so that we can assess the borrower's ability to repay the loan.

  • Given that I want to calculate the monthly debt-to-income ratio, when the monthly debt is less than zero or the monthly income is equal to or less than zero, then the application should raise an error.

  • As a lender, I want to calculate the loan-to-value ratio so that we can evaluate the risk of lending money to the borrower.

  • Given that I want to calculate the loan-to-value ratio, when the loan amount or the home value are equal to zero, then the application should raise an error.


Technologies

The technologies used are:

  1. Python programming language
  2. Git
  3. Githib
  4. Visual Studio
  5. Software modules
    • credit_score.py
    • debt_to_income.py
    • loan_to_value.py
    • max_loan_size.py
    • calculators.py
    • fileio.py

The following Python modules need to be installed if not already installed:

  • File
  • Questionary

Installation Guide

To install, clone the project onto your directory.


Usage

To run the app open a terminal and type "app.py" followed by "Enter"

Here is a sample step to run the code:
    (dev) C:\Users\bakar\Desktop\FinTech\Bootcamp\Challenge\Module2\Starter_Code\loan_qualifier_app>python  app.py
    ? Enter a file path to a rate-sheet (.csv): data/daily_rate_sheet.csv
    ? What's your credit score? 750
    ? What's your current amount of monthly debt? 2000
    ? What's your total monthly income? 70000
    ? What's your desired loan amount? 2000
    ? What's your home value? 300000
    The monthly debt to income ratio is 0.03
    The loan to value ratio is 0.01.
    Found 15 qualifying loans
    ? Would you like me to save your qualifying loans? Yes
    ? Please enter a file path and file name for the qualifiyng loans (for exapmple data/myfile.csv) data/qualifying_loans.csv

(dev) C:\Users\bakar\Desktop\FinTech\Bootcamp\Challenge\Module2\Starter_Code\loan_qualifier_app>

Contributors

The project is based on the template of the FinTech Bootcamp Module 2 Challenge.


License

MIT

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