Loan Calculator
Generate complete, real-time loan quotes with this adaptable Decision Flow based on your custom interest rates.
DecisionRules
About the example:
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
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