def find_qualifying_loans(bank_data, credit_score, debt, income, loan,
home_value):
"""Determine which loans the user qualifies for.
Loan qualification criteria is based on:
- Credit Score
- Loan Size
- Debit to Income ratio (calculated)
- Loan to Value ratio (calculated)
Args:
bank_data (list): A list of bank data.
credit_score (int): The applicant's current credit score.
debt (float): The applicant's total monthly debt payments.
income (float): The applicant's total monthly income.
loan (float): The total loan amount applied for.
home_value (float): The estimated home value.
Returns:
A list of the banks willing to underwrite the loan.
"""
# Calculate the monthly debt ratio
monthly_debt_ratio = calculate_monthly_debt_ratio(debt, income)
print(f"The monthly debt to income ratio is {monthly_debt_ratio:.02f}")
# Calculate loan to value ratio
loan_to_value_ratio = calculate_loan_to_value_ratio(loan, home_value)
print(f"The loan to value ratio is {loan_to_value_ratio:.02f}.")
# Run qualification filters
bank_data_filtered = filter_max_loan_size(loan, bank_data)
bank_data_filtered = filter_credit_score(credit_score, bank_data_filtered)
bank_data_filtered = filter_debt_to_income(monthly_debt_ratio,
bank_data_filtered)
bank_data_filtered = filter_loan_to_value(loan_to_value_ratio,
bank_data_filtered)
print(f"Found {len(bank_data_filtered)} qualifying loans")
#Printing the bank_data_filtered to verify CSV file output after running save_csv
#print(bank_data_filtered)
return bank_data_filtered
def test_calculate_monthly_debt_ratio():
assert calculators.calculate_monthly_debt_ratio(1500, 4000) == 0.375