calculateLoanInstallment

Input

Description

serviceName

"calculateLoanInstallment"

userID

e.g. "bobsmith1"

PIN

e.g. "123456"

OTP

e.g. "123456"

productID

e.g. "201" [Product ID]

principle

e.g. "800000" [Amount to loan]

numberOfMonths

e.g. "240" [Loan duration]

Information available in calculateLoanInstallment

Description

MonthlyInstallment

e.g. "4001" [Amount of money to repay each month]

MaturityDate

e.g. "2037-11-16" [The date where the loan is fully paid off]

Interest

e.g. "160,422" [Total interest customer has paid, when the loan matures]

InterestRate

e.g. "0.0188" [Interest rate that bank charges]

ErrorText

e.g. "invocation successful" [A text to describe the error"]

GlobalErrorID

e.g. "010000" [A common error code]

ErrorDetails

e.g. "None" [Extra information on the error]