let mortgageSteps = “”; const currencySymbol = “$”, fixedCurrency = “USD”; function calculateMortgage(){ mortgageSteps=””; const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value)/100; const loanTerm = parseInt(document.getElementById(“loanTerm”).value); if(isNaN(loanAmount) || isNaN(interestRate) || isNaN(loanTerm) || loanAmount <= 0 || interestRate <= 0 || loanTerm <= 0){ alert("Please enter valid positive values for all fields."); return; } const monthlyRate = interestRate / 12; const numPayments = loanTerm * 12; const monthlyPayment = (loanAmount * monthlyRate) / (1 – Math.pow(1 + monthlyRate, -numPayments)); document.getElementById("monthlyPayment").value = formatCurrency(monthlyPayment); mortgageSteps += `Inputs:
Loan Amount: ${formatCurrency(loanAmount)}
Interest Rate: ${(interestRate * 100).toFixed(1)}%
Loan Term: ${loanTerm} years

`; mortgageSteps += `Formula:
Monthly Payment = Loan Amount × Monthly Rate / (1 – (1 + Monthly Rate) ^ -Number of Payments)

`; mortgageSteps += `Result:
Estimated Monthly Payment: ${formatCurrency(monthlyPayment)}
`; mortgageSteps += `Tip: Lower interest rates or longer terms can reduce your monthly payments but may increase the total cost of the loan over time.`; if(document.getElementById(“calculationStepsMortgage”).style.display===”block”){ document.getElementById(“calculationStepsMortgage”).innerHTML = mortgageSteps; } } function resetMortgage(){ document.querySelectorAll(“#calculator input”).forEach(el => el.value = “”); mortgageSteps = “”; document.getElementById(“calculationStepsMortgage”).innerHTML = “

Not calculated yet.

“; } function toggleMortgageSteps(){ const s = document.getElementById(“calculationStepsMortgage”); const a = document.getElementById(“toggleArrowMortgage”); if(s.style.display === “none” || s.style.display === “”){ s.style.display = “block”; a.style.transform = “rotate(180deg)”; s.innerHTML = mortgageSteps || “

Not calculated yet.

“; } else { s.style.display = “none”; a.style.transform = “rotate(0deg)”; } } function formatCurrency(n){