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Home > Api Products > Payment Plans

Payment Plans


Loan installment options are displayed as a template with this API

​How it Works​ 


terms: The number of installments user want to offer (must be sent in Integer format) loan_amount: Total amount needed (Must be Double) 

Sample Request

GET {API_HOST}/api/v1/payment-plans/?terms=[4,6,8]&loan_amount=10000

X-IBM-client-id: {YOUR_CLIENT_ID} 
X-IBM-client-secret: {YOUR_CLEINT_SECRET}
Content-Type: application/json

Sample Response

    "data": [
            "term": 4,
            "monthly_payment": 2609.69,
            "total_repayment": 10438.76,
            "interest_rate": 1.45
            "term": 6,
            "monthly_payment": 1769.63,
            "total_repayment": 10617.78,
            "interest_rate": 1.45
            "term": 8,
            "monthly_payment": 1349.84,
            "total_repayment": 10798.72,
            "interest_rate": 1.45