Home/API/Mortgage Payment

API Endpoint

Mortgage Payment

Calculate principal-and-interest mortgage payment from home price, down payment, rate, and term.

Endpoint

POST https://likeoptions.com/api/v1/calculate/mortgage

Also supports GET with query parameters.

Parameters

ParameterTypeDefaultDescription
homePricenumber—Home purchase price
downPaymentnumber—Down payment amount
annualRatenumber—Annual interest rate (%)
yearsnumber—Loan term (years)
annualTaxnumber0Annual property tax ($)

Request Examples

POST (JSON body)
curl -X POST https://likeoptions.com/api/v1/calculate/mortgage \ -H "Content-Type: application/json" \ -d '{"homePrice": 100000, "downPayment": 50000, "annualRate": 6}'
GET (query parameters)
curl "https://likeoptions.com/api/v1/calculate/mortgage?homePrice=100000&downPayment=50000&annualRate=6"

Response

{ "kind": "mortgage", "result": { "primary": 1234.56, "secondary": [ { "label": "Example metric", "value": 100, "format": "money" }, { "label": "Example percent", "value": 5.5, "format": "percent" } ] } }

When to Use

  • Estimate monthly mortgage payment
  • Budget housing costs
  • Compare loan offers

Error Handling

  • 400 Bad Request — Invalid input parameters or missing required fields
  • 404 Not Found — Unknown calculator kind
  • 429 Too Many Requests — Rate limit exceeded (120 req/hour per IP)
  • 413 Payload Too Large — Request body exceeds 16 KB

Related Endpoints

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