Pipedream vs Zyla API Hub: Finance & Payments API Comparison

Pipedream vs Zyla API Hub: Finance & Payments API Comparison

Payment Planner API

Payment Planner API is designed to empower users to create applications that offer complete loan payment schedules. This API allows developers to generate complex loan amortization schedules based on user-defined parameters such as principal amount, interest rate, loan term, and payment frequency.

Key Features and Capabilities

[
  {
    "date": "2023-06-15",
    "interest": 41.67,
    "principal": 814.41,
    "payment": 856.07,
    "balance": 9185.59
  },
  {
    "date": "2023-07-15",
    "interest": 38.27,
    "principal": 817.80,
    "payment": 856.07,
    "balance": 8367.79
  }
]

Frequently Asked Questions

Q: What types of information are available through the Calculate Payments endpoint?
A: The endpoint provides information on loan repayment schedules, including the breakdown of payments into principal and interest, total payment amounts, and remaining balances over the loan term.

Q: How can users effectively utilize the returned data?
A: Users can visualize loan repayment schedules, assess the impact of different interest rates or terms, and create financial planning tools that help manage loan obligations.

Read our technical guides for implementation tips.

Financing Calculation API

Financing Calculation API is engineered to assist users in developing applications that furnish comprehensive loan amortization schedules. This API allows users to specify crucial loan details such as principal amount, interest rate, loan term, and amortization frequency.

Key Features and Capabilities

[
  {
    "date": "2023-03-15",
    "interest": 25.00,
    "principal": 988.80,
    "payment": 1013.80,
    "balance": 9011.20
  },
  {
    "date": "2023-04-15",
    "interest": 22.53,
    "principal": 991.27,
    "payment": 1013.80,
    "balance": 8019.93
  }
]

Frequently Asked Questions

Q: What are typical use cases for this data?
A: Typical use cases include financial planning applications, banking platforms for loan management, mortgage calculators, and personal finance tools.

Q: How can users customize their data requests?
A: Users can adjust loan parameters like changing the principal amount or interest rate to see how these factors affect the amortization schedule and total payments.

Read our technical guides for implementation tips.

Loan Calculation API

Loan Calculation API is designed to help users create applications that offer comprehensive loan amortization schedules. This API provides essential functionality to accurately calculate and visualize loan amortization schedules.

Key Features and Capabilities

[
  {
    "date": "2024-09-23",
    "interest": 83.33,
    "principal": 2045.41,
    "payment": 2128.75,
    "balance": 22954.59
  },
  {
    "date": "2024-10-23",
    "interest": 76.52,
    "principal": 2052.23,
    "payment": 2128.75,
    "balance": 20902.35
  }
]

Frequently Asked Questions

Q: How can users effectively utilize the returned data?
A: Users can visualize loan repayment schedules, assess financial obligations, and plan future payments by analyzing the distribution of principal and interest over time.

Q: What types of information are available through the endpoint?
A: The endpoint provides information on loan payment schedules, including the breakdown of each payment into interest and principal, as well as the remaining balance after each payment.

Check out the API documentation to get started.

Repayment Calculator API

Repayment Calculator API is designed to help users develop applications that provide complete loan repayment schedules. This API allows users to enter crucial loan details such as principal amount, interest rate, loan term, and repayment frequency.

Key Features and Capabilities

[
  {
    "date": "2023-06-15",
    "interest": 41.67,
    "principal": 814.41,
    "payment": 856.07,
    "balance": 9185.59
  },
  {
    "date": "2023-07-15",
    "interest": 38.27,
    "principal": 817.80,
    "payment": 856.07,
    "balance": 8367.79
  }
]

Frequently Asked Questions

Q: What types of information are available through the Calculate Payments endpoint?
A: The endpoint provides information on loan repayment schedules, including payment dates, interest and principal breakdowns, total payments, and remaining balances.

Q: How can users effectively utilize the returned data?
A: Users can analyze the returned data to understand their loan repayment structure, including how much of each payment goes toward interest versus principal, and track their remaining balance over time.

Read our technical guides for implementation tips.

Loan Amortization Calculator API

Loan Amortization Calculator API calculates the repayment installments for any loan that you pass to it. This API is essential for applications that require detailed loan amortization schedules.

Key Features and Capabilities

[
  {
    "date": "2020-01-02",
    "interest": 5.83,
    "principal": 8330.66,
    "payment": 8336.49,
    "balance": 91669.34
  },
  {
    "date": "2020-02-02",
    "interest": 5.35,
    "principal": 8331.15,
    "payment": 8336.49,
    "balance": 83338.19
  }
]

Frequently Asked Questions

Q: What are typical use cases for this API?
A: Typical use cases include creating online loan calculators for consumers, providing lenders with detailed repayment schedules for potential borrowers, and integrating into financial planning tools.

Q: How can users effectively utilize the returned data?
A: Users can analyze the returned data to understand their loan repayment structure, identify how payments change over time, and plan their finances accordingly.

View the integration guide for step-by-step instructions.

Forex API

Forex API provides access to real-time exchange rates for over 190 currencies. This API is crucial for applications that require accurate currency conversions and financial transactions across borders.

Key Features and Capabilities

{
  "bs": "USD",
  "ts": 1692112793,
  "rt": {
    "AED": 3.67,
    "AFN": 84.31,
    "ALL": 95.67,
    "AMD": 387.18
  }
}

Frequently Asked Questions

Q: How is data accuracy maintained?
A: Data accuracy is maintained by sourcing information from reliable financial markets and authoritative sources, ensuring that exchange rates reflect the latest market conditions.

Q: What types of information are available through each endpoint?
A: The "Get Latest Rates" endpoint provides current exchange rates, while "Get Latest Rate" returns the rate between two specified currencies, and "Currency Conversion" gives the converted amount based on user input.

Check out the API documentation to get started.

Interests Calculator API

Interests Calculator API allows developers to easily incorporate compound interest calculations into their applications. This API simplifies the complex mathematics involved in calculating compound interest.

Key Features and Capabilities

{
  "apy": "5.61%",
  "compound_interest": "€258.49",
  "investment_returns": "€4862.55",
  "principal": "$5000",
  "rate": "5.50%"
}

Frequently Asked Questions

Q: How can users effectively utilize the returned data?
A: Users can leverage the returned data to visualize investment growth, compare different investment scenarios, or integrate the results into financial planning tools.

Try the API playground to experiment with requests.

Currency Calculation API

Currency Calculation API facilitates seamless real-time currency conversion calculations, ensuring accuracy and adaptability for applications requiring swift and precise exchange rate computations.

Key Features and Capabilities

{
  "success": true,
  "result": {
    "from": "USD",
    "to": "EUR",
    "amountToConvert": 10,
    "convertedAmount": 9.52
  }
}

Frequently Asked Questions

Q: What parameters can be used with the conversion endpoint?
A: The conversion endpoint requires three parameters: the amount to convert, the source currency symbol, and the target currency symbol.

Q: What are the sources of the data?
A: The Currency Calculation API sources its exchange rate data from reliable financial institutions and market feeds, ensuring that the information is accurate and up-to-date.

Try the API playground to experiment with requests.

Conclusion