DECISION SUPPORT SYSTEM FOR CALCULATING HOME MORTGAGE

Abstract

This research develops a decision supply system (DSS) for calculating home mortgage payments. It compares prospective homes for buyers to choose from depending on their ability to pay for the monthly mortgage. The system also compares the mortgage loan programs from several commercial banks for the home buyers to choose.
This system is developed by the PHP language. It shows different kinds of results that support decision making in numerous tableau forms such as the table that shows the difference between buying the home with cash and with credit for different periods, the table that shows the difference between the loan only and the loan plus interest for different periods, and the details of the annual mortgage payments.