let loanRateSteps = “”; const currencySymbol = “$”, fixedCurrency = “USD”; function calculateLoanRate(){ loanRateSteps=””; const loanAmount=parseFloat(document.getElementById(“loanAmount”).value); const creditScore=parseFloat(document.getElementById(“creditScore”).value); const loanTerm=parseInt(document.getElementById(“loanTerm”).value); if(isNaN(loanAmount)||isNaN(creditScore)||isNaN(loanTerm)||loanAmount<=0||creditScore<=0||loanTerm= 750) { interestRate = 4.5; } else if (creditScore >= 700) { interestRate = 5; } else if (creditScore >= 650) { interestRate = 6; } else { interestRate = 7; } document.getElementById(“interestRate”).value = formatCurrency(interestRate); loanRateSteps += `Inputs:
Loan Amount: ${formatCurrency(loanAmount)}
Credit Score: ${creditScore}
Loan Term: ${loanTerm} years

`; loanRateSteps += `Formula:
Interest Rate based on Credit Score.

`; loanRateSteps += `Results:
Estimated Interest Rate: ${interestRate}%
`; loanRateSteps += `Tip: A higher credit score often leads to a lower interest rate, saving you money in the long term.`; if(document.getElementById(“calculationStepsLoanRate”).style.display===”block”){ document.getElementById(“calculationStepsLoanRate”).innerHTML = loanRateSteps; } } function resetLoanRate(){ document.querySelectorAll(“#calculator input”).forEach(el=>el.value=””); loanRateSteps=””; document.getElementById(“calculationStepsLoanRate”).innerHTML=”

Not calculated yet.

“; } function toggleLoanRateSteps(){ const s=document.getElementById(“calculationStepsLoanRate”); const a=document.getElementById(“toggleArrowLoanRate”); if(s.style.display===”none”||s.style.display===””){ s.style.display=”block”;a.style.transform=”rotate(180deg)”; s.innerHTML=loanRateSteps||”

Not calculated yet.

“; }else{s.style.display=”none”;a.style.transform=”rotate(0deg)”;} } function formatCurrency(n){return currencySymbol+n.toFixed(2)+” “+fixedCurrency;}