def generate_amortization_schedule(principal, interest_rate, loan_term, one_time_payment=None): # Convert interest rate to decimal and calculate periodic interest rate monthly_interest_rate = interest_rate / 12 / 100 # Calculate the number of monthly payments num_payments = loan_term * 12 # Calculate the fixed monthly payment using the amortization formula monthly_payment = (principal * monthly_interest_rate) / (1 - (1 + monthly_interest_rate) ** -num_payments) # Initialize variables remaining_balance = principal amortization_schedule = [] for payment_number in range(1, num_payments + 1): # Calculate interest for the current period interest_payment = remaining_balance * monthly_interest_rate # Calculate principal payment principal_payment = monthly_payment - interest_payment # Apply one-time payment if provided if one_time_payment and payment_number == one_time_payment['payment_number']: principal_payment += one_time_payment['amount'] remaining_balance -= one_time_payment['amount'] # Update remaining balance remaining_balance -= principal_payment # Create a dictionary with payment details and add it to the amortization schedule payment_details = { 'Payment Number': payment_number, 'Payment Amount': monthly_payment, 'Interest Payment': interest_payment, 'Principal Payment': principal_payment, 'Remaining Balance': remaining_balance } amortization_schedule.append(payment_details) return amortization_schedule # Example usage principal = 100000 interest_rate = 5.0 loan_term = 30 one_time_payment = { 'payment_number': 13, 'amount': 5000 } schedule = generate_amortization_schedule(principal, interest_rate, loan_term, one_time_payment) # Display the amortization schedule for payment in schedule: print(payment)