https://github.com/rjpmestre/mortgage-plan-analyzer

Project Description

Many people face challenges when trying to renegotiate their mortgages with different banks. They receive offers from multiple lenders and struggle to compare them effectively. Each proposal may have slightly different terms and data presentation, making it hard to make informed decisions. Additionally, understanding the impact of various taxes and variables can be complex. The Mortgage Plan Analyzer project aims to address these issues.

Project Overview:

The Mortgage Plan Analyzer is a web-based tool built using PHP, Laravel, Livewire, and AdminLTE/bootstrap. It provides a user-friendly platform for individuals to input basic specifications about their mortgage, adjust taxes and variables, and obtain short-term projections for each proposal. Users can also compare multiple mortgage offers side by side, enabling them to make informed decisions about their mortgage renegotiation.

Why Start This Project:

I found myself in this position and most tools I found around are either for marketing/selling purposes or not flexible enough. As i was starting getting lost in a jungle of spreadsheets i thought I could just create a tool to help me and others that may be experiencing the same struggles to provide clarity and transparency in the decision-making process.

Hackweek 25 ideas (to refine still :) )

• Euribor Trends in Projections
• - Use historical Euribor data to model optimistic and pessimistic scenarios for variable-rate loans.
• Use the annual summaries (installments, amortizations, etc) and run some analysis to highlight key differences, like short-term savings vs. long-term costs
• Financial plan can be hard/boring to follow. Create a simple viewing mode that summarizes monthly values and their annual sums.

Hackweek 24 update

• Improved summaries graphs by adding:
• - Line graph;
• - Accumulated line graph;
• - Set the range to short/mid/long term;
• - Highlight best simulation and value per year;
• Improve the general behaviour of the forms:
• - Simulations name setting;
• - Cloning simulations;
• - Adjust update timing on input changes;
• Show/Hide big tables;
• Support multi languages (added english);
• Added examples;
• Adjustments to fonts and sizes;
• Fixed loading screen;
• Dependencies adjustments;

Hackweek 23 initial release

• Developed a base site that:
• - Allows adding up to 3 simulations;
• - Create financial plans;
• - Simulations comparison graph for the first 4 years;
• Created Github project @ https://github.com/rjpmestre/mortgage-plan-analyzer ;
• Launched a demo instance using Oracle Cloud Free Tier currently @ http://138.3.251.182/

Resources

• Banco de Portugal: Main simulator all portuguese banks have to follow ( https://clientebancario.bportugal.pt/credito-habitacao )
• Laravel: A PHP web application framework for building robust and scalable applications. ( https://laravel.com/ )
• Livewire: A Laravel library for building dynamic interfaces without writing JavaScript. ( https://livewire.laravel.com/ )
• AdminLTE: A responsive admin dashboard template for creating a visually appealing interface. ( https://adminlte.io/ )
• GitHub: We will host the project on GitHub for version control and collaboration. ( bet you didn't know this one, https://github.com/ )
• Oracle Cloud ( https://www.oracle.com/cloud/free/ )