Python programming---Write a program to calculate and display the loan for buying a car

CS 10 Python ProgrammingHomework 5OOP – ClassesWrite a program to calculate and display the loan for buying a car.1.Create a class call Loan.Data fields in the Loan class include:1Annual Interest Rate (Float)2.Number of years of loan (Float)3.Loan Amount (Float)4.Borrower’s Name (string)2.Create the initializer or constructor for the class with the above data fields. Make the datafields private.3.Create accessors (getter) for all the data fields.4.Create mutators (setters) for all the data fields.5.Create a class method‐getMonthlyPayment wheremonthlyPayment = loanAmount * monthlyInterestRate / (1 - (1 / (1 + monthlyInterestRate)** (numberOfYears * 12)))note:that the monthly interest rate = annualinterest / 12006.Create a class method‐getTotalPayment wheretotalPayment = getMonthlyPayment() * \ numberOfYears * 127.Write a test program (main function) to allow the user to enter the following:1.Annual Interest Rate2.Number of Years of Loan3.Loan Amount4.Borrower’s NameAllow the user to change the loan amount and reprint the new loan information.The output should look like this:>>>Enter yearly interest rate, for example, 7.25: 2.5Enter number of years as an integer: 5Enter loan amount, for example, 120000.95: 1000.00Enter a borrower's name: John JonesThe loan is for John JonesThe monthly payment is 17.75The total payment is 1064.84Do you want to change the loan amount? Y for yes or enter to quit yEnter new loan amount 5000The loan is for John JonesThe monthly payment is 88.74The total payment is 5324.21>>>

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