Software Requirements Specification (SRS) for Loan Affordability Calculator
Introduction
Purpose:
The purpose of this document is to define the requirements for the development of a Loan Affordability Calculator. This web-based application aims to help users determine the loan amount they can afford based on income, expenses, and the debt-to-income ratio.
Scope:
The Loan Affordability Calculator will provide users with an interface to input details such as income, expenses, and existing debts. The application will calculate and display the maximum loan amount a user can afford based on their financial information.
System Overview
System Description:
The system will be a client-server application. Users will access the Loan Affordability Calculator through a web browser. The server will handle the logic for loan affordability calculations.
System Architecture:
The application will follow a three-tier architecture: presentation layer (client-side browser), application layer (server-side processing), and data layer (storage and retrieval of data).
Functional Requirements
Use Cases:
Determine Loan Affordability:
- Users can input details such as monthly income, monthly expenses, and existing debts.
- The system will calculate and display the maximum loan amount the user can afford based on the debt-to-income ratio.
Functional Requirements:
Input:
- The system shall allow users to enter the following details:
-
- Monthly Income (Decimal)
- Monthly Expenses (Decimal)
- Existing Debts (Decimal)
Calculation:
- The system shall calculate the maximum loan amount based on the debt-to-income ratio and user-input details.
Output:
- The system shall display the calculated maximum loan amount to the user.
External Interface Requirements
User Interfaces:
- The user interface shall consist of input fields for monthly income, monthly expenses, and existing debts, along with a “Calculate” button.
- The calculated maximum loan amount shall be displayed prominently.
Hardware Interfaces:
The system should be compatible with standard computing hardware.
Software Interfaces:
- The application will be developed using HTML, CSS, and JavaScript for the frontend.
- The backend can be implemented using a server-side framework (e.g., Node.js, Django) with a database for data storage.
Communication Interfaces:
The application will communicate with the server for loan affordability calculations.
Performance Requirements
Response Time:
The system should provide a response time of under 3 seconds for a typical user input.
Throughput:
The application should handle at least 50 simultaneous users.
System Constraints
Regulatory Requirements:
The application should comply with relevant financial regulations.
Hardware Limitations:
The system should be compatible with devices supporting standard web browsers.
Security Requirements
Authentication:
User authentication may be implemented for personalized features.
Data Protection:
User data, if stored, should be securely protected.
Quality Attributes
Reliability:
The application should provide accurate loan affordability calculations based on the entered details.
Maintainability:
The code should be well-documented for ease of maintenance.
Usability:
The user interface should be intuitive, requiring minimal guidance.
Testing Requirements
Test Cases:
Test cases should cover various scenarios with different monthly incomes, expenses, and existing debts to ensure accurate loan affordability calculations.
Test Case 1:
- Inputs: Monthly Income = 50,000 INR, Monthly Expenses = 30,000 INR, Existing Debts = 10,000 INR.
- Expected Output: Maximum Loan Amount ≈ 5,000 INR.
Test Case 2:
- Inputs: Monthly Income = $4,000, Monthly Expenses = $2,500, Existing Debts = $1,000.
- Expected Output: Maximum Loan Amount ≈ $500.
Test Case 3:
- Inputs: Monthly Income = 40,000 INR, Monthly Expenses = 25,000 INR, Existing Debts = 8,000 INR.
- Expected Output: Maximum Loan Amount ≈ 7,000 INR.
Acceptance Criteria:
- The application is considered successful if it produces correct maximum loan amounts based on the provided details.
Project Timeline
Milestones:
Design, Development, Testing, Deployment.
Development Phases:
Frontend development, Backend development, Testing, Deployment.
Glossary
None
Database Structure
Tables:
LoanAffordability_Calculator_Records:
- RecordID (Primary Key, Auto-increment)
- UserID (Foreign Key, if user accounts are implemented)
- MonthlyIncome (Decimal)
- MonthlyExpenses (Decimal)
- ExistingDebts (Decimal)
- MaxLoanAmount (Decimal)
- CalculationDate (DateTime)
Conclusion
This SRS document outlines the requirements for the Loan Affordability Calculator. It serves as a guide for the development team and ensures that the application meets the specified criteria. Review and approval by relevant stakeholders are essential before proceeding with the development phase.
72 comments
hey there and thank you for your information – I have definitely picked up anything
new from right here. I did however expertise a few
technical issues using this web site, as I experienced to reload the site many times previous to I could get it to load properly.
I had been wondering if your hosting is OK? Not that I’m complaining, but slow loading instances times will very frequently affect your placement in google
and could damage your quality score if advertising and marketing with Adwords.
Anyway I am adding this RSS to my e-mail and can look out for a
lot more of your respective fascinating content.
Ensure that you update this again very soon.. Najlepsze escape roomy
You have mentioned very interesting points!
ps decent internet site.!
This is the perfect web site for anyone who really wants to find out about this topic. You know a whole lot its almost tough to argue with you (not that I really will need to…HaHa). You certainly put a new spin on a subject which has been written about for years. Great stuff, just great.
Pretty! This has been an incredibly wonderful article. Thanks for providing these details.
Hi there! I could have sworn I’ve visited this blog before but after looking at a few of the posts I realized it’s new to me. Nonetheless, I’m definitely pleased I stumbled upon it and I’ll be book-marking it and checking back regularly!
I wanted to thank you for this great read!! I certainly enjoyed every bit of it. I have you bookmarked to look at new things you post…
You made some decent points there. I looked on the web for additional information about the issue and found most people will go along with your views on this site.
Way cool! Some extremely valid points! I appreciate you writing this post and the rest of the website is really good.
Deneme bonusu sayesinde hiçbir para yatırmadan büyük kazançlar sağladım!
Hello there! I could have sworn I’ve been to this site before but after looking at many of the articles I realized it’s new to me. Regardless, I’m definitely delighted I found it and I’ll be book-marking it and checking back frequently.
Bahis sitelerinde deneme bonusu ile crash oyunlarında oynamak çok heyecanlı, özellikle Aviator oynarken!
En sevdiğim slot oyunu Reactoonz, grafikler harika ve kazançlar büyük!
Düşük bahislerle futbol maçlarına oynarken bile büyük kazanç fırsatları yakalıyorum!
I need to to thank you for this wonderful read!! I certainly enjoyed every bit of it. I have you book-marked to look at new stuff you post…
An outstanding share! I’ve just forwarded this onto a co-worker who has been doing a little homework on this. And he in fact bought me dinner simply because I stumbled upon it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanx for spending the time to talk about this subject here on your site.
Casino bonusları ile slotlarda büyük kazançlar elde ediyorum.
I’m more than happy to discover this web site. I want to to thank you for your time due to this wonderful read!! I definitely enjoyed every part of it and I have you saved to fav to see new things on your website.
Casino’nun sunduğu bonuslar sayesinde slot oyunlarında her zaman şanslı hissediyorum.
Casino’nun sunduğu bonuslar ile slot oyunlarında daha fazla kazanıyorum.
Oyunların çeşitliliği beni şaşırttı, her türden oyun var.
Casino’nun sunduğu bahis promosyonları her oyun için ekstra şans sağlıyor.
Bu casino’daki bahis seçenekleri her oyuncuya uygun, küçük bahislerle bile büyük ödüller kazanmak mümkün.
Canlı bahis seçenekleri futbol maçlarını izlerken ekstra kazanç fırsatları yaratıyor!
Deneme bonusu ile crash oyunlarında strateji yaparak büyük ödüller kazanmak çok heyecanlı!
I really like it when people come together and share views. Great site, continue the good work!
Düşük bahislerle uzun süre oynayarak Jammin’ Jars’ta harika kazançlar elde ettim!
Having read this I thought it was very enlightening. I appreciate you spending some time and energy to put this article together. I once again find myself personally spending a lot of time both reading and commenting. But so what, it was still worth it!
Yüksek bahislerle futbol maçlarına oynadığımda büyük ödüller kazanmak çok heyecan verici!
En sevdiğim slot oyunu Buffalo Blitz, her spin büyük kazanç fırsatı sunuyor.
Yüksek bahislerle oynadığım futbol bahislerinden büyük kazançlar elde ettim!
Deneme bonusu sayesinde hiç yatırım yapmadan büyük ödüller kazandım!
Yüksek oranlarla oynadığım futbol bahislerinden her zaman büyük kazançlar elde ediyorum!
Casino’nun sunduğu promosyonlar sayesinde slot oyunlarında şansım hep açık.
Bu sitenin sunduğu deneme bonusu ile bedava bahis yaparak kazanmaya başlamak çok kolay!
Yüksek bahislerle oynadığımda Sweet Bonanza’dan devasa ödüller kazanıyorum!
Your style is really unique compared to other folks I have read stuff from. Many thanks for posting when you’ve got the opportunity, Guess I’ll just book mark this site.
Casino’da slot oyunları ile kazandığım parayı hemen çekebiliyorum, harika bir site!
Bahis siteleri deneme bonusu ile oyunlara bedava başlamak çok keyifli!
Excellent site you have got here.. It’s difficult to find high quality writing like yours nowadays. I seriously appreciate individuals like you! Take care!!
Bu casino sitesi, slot oyunları açısından en zengin platformlardan biri.
Slot oyunları bu casino’da her zaman kazandırıyor, jackpot kazanma şansınız çok yüksek!
Bu casino’daki slot oyunları ile büyük jackpotlar kazanmak gerçekten mümkün.
Bahis siteleri deneme bonusu ile bedava bahis yaparak büyük ödüller kazanmak çok eğlenceli!
Spot on with this write-up, I actually believe that this site needs a great deal more attention. I’ll probably be back again to see more, thanks for the info!
This blog was… how do I say it? Relevant!! Finally I’ve found something that helped me. Cheers.
En sevdiğim slot oyunu Buffalo King, kazanç potansiyeli çok yüksek!
Slot oyunlarının grafikleri ve sesleri bu casino’da gerçekten etkileyici, oyunlar çok keyifli.
En sevdiğim slot oyunu Immortal Romance, her spin kazanç dolu.
After I initially commented I seem to have clicked on the -Notify me when new comments are added- checkbox and now whenever a comment is added I get four emails with the same comment. Perhaps there is a way you can remove me from that service? Kudos.
Can I simply just say what a relief to find a person that genuinely knows what they are discussing on the internet. You actually know how to bring an issue to light and make it important. A lot more people need to check this out and understand this side of your story. It’s surprising you’re not more popular since you surely have the gift.
Way cool! Some extremely valid points! I appreciate you penning this write-up and also the rest of the website is extremely good.
I like it when people get together and share views. Great site, keep it up.
Can I just say what a comfort to discover an individual who really knows what they’re talking about on the internet. You definitely know how to bring an issue to light and make it important. A lot more people must check this out and understand this side of the story. It’s surprising you’re not more popular since you definitely have the gift.
En sevdiğim casino slot oyunu Wolf Gold, sürekli kazandırıyor!
Very nice blog post. I definitely appreciate this site. Continue the good work!
Deneme bonusu ile bahis yaparak risk almadan büyük kazançlar elde ediyorum.
Bu casino’da bahis yaparken kazanç fırsatları her zaman daha fazla!
I could not refrain from commenting. Well written!
Casino’daki slot oyunlarının grafikleri gerçekten göz alıcı.
Futbol bahislerimde aldığım bonuslar sayesinde kazançlarım katlanıyor, her maçta daha fazla şansım oluyor!
Deneme bonusu ile bahis yaparak risk almadan büyük kazançlar elde ediyorum.
Casino’nun sunduğu promosyonlar ve bonuslar sayesinde slot oyunlarında sürekli kazanç elde ediyorum.
I’d like to thank you for the efforts you have put in writing this site. I really hope to check out the same high-grade blog posts from you later on as well. In truth, your creative writing abilities has encouraged me to get my own, personal site now 😉
Casino’nun sunduğu bahis promosyonları her oyun için ekstra şans sağlıyor.
Casino’daki slot oyunlarının grafikleri ve ses efektleri mükemmel, her oyun çok keyifli.
An outstanding share! I’ve just forwarded this onto a colleague who was conducting a little homework on this. And he in fact bought me lunch due to the fact that I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending the time to talk about this topic here on your site.
A fascinating discussion is definitely worth comment. I believe that you should write more about this topic, it might not be a taboo matter but generally people do not discuss these topics. To the next! Cheers.
Way cool! Some extremely valid points! I appreciate you penning this article and also the rest of the website is really good.
Hey there! Do you know if they make any plugins to help with Search
Engine Optimization? I’m trying to get my website to rank for some targeted keywords but I’m not seeing very good results.
If you know of any please share. Cheers! I saw similar text here: Eco product
I’m amazed, I have to admit. Rarely do I encounter a blog that’s both equally educative and entertaining, and let me tell you, you have hit the nail on the head. The issue is something which too few people are speaking intelligently about. I’m very happy I stumbled across this during my hunt for something regarding this.
I quite like reading through an article that will make men and women think. Also, many thanks for permitting me to comment.
Having read this I believed it was really informative. I appreciate you taking the time and effort to put this content together. I once again find myself spending a significant amount of time both reading and posting comments. But so what, it was still worth it!