Calculator for Personal Loan

Personal Loan Calculator

Calculate your monthly payments and total cost for a personal loan based on loan amount, interest rate, and loan term.

Loan Amount ($) Annual Interest Rate (%) Loan Term (years) Monthly Payment ($) Total Loan Cost ($) function calculateLoan(){ const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100 / 12; const loanTerm = parseFloat(document.getElementById(“loanTerm”).value) * 12; if(isNaN(loanAmount) || isNaN(interestRate) || isNaN(loanTerm) || loanAmount <= 0 || interestRate <= 0 || loanTerm el.value = “”); }