financial services
Loan Calculator
Generate complete, real-time loan quotes with this adaptable Decision Flow based on your custom interest rates.
David Škarka
Template author
This Decision Flow is a complete loan quoting engine, generating a finalized offer - including the interest rate, monthly payment and APR.
Solution components:
- a Decision Table named Interest Rate which determines the eligible interest rate based on the requested loan amount and duration.
- a Decision Table Loan Calculator that uses the loan amortization formula to calculate the precise monthly and total payments.
- a complex Script Rule named APR that calculates the final Annual Percentage Rate.
- a Decision Flow orchestrates all rules:
- First it evaluates the correct interest rate and computes payments. Calculates APR using script and finally collects all results.
Use this Decision Flow as a ready-made loan quoting engine, adapt the interest rate rules and calculations to your needs, and easily connect it to your financial systems with a REST API
More Templates
See Other Templates
healthcareinsurancefeatured
Compensation Claim Automation
Automate the end-to-end handling of workers' compensation claims using AI-powered medical report analysis — extract the clinical data you need and drive every downstream decision automatically.
financial servicessuggested
A/B Testing
Discover a simple way to assign a test group for performing A/B Testing on your decisions.
financial servicessuggested
Risk Based Pricing
Discover a simple way to apply a suitable Risk Based Pricing matrix based on a type of client.