Home Loan Emi Amortization Calculator

function calculateEMI() { const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100 / 12; const loanTenure = parseFloat(document.getElementById(“loanTenure”).value) * 12; if (isNaN(loanAmount) || isNaN(interestRate) || isNaN(loanTenure) || loanAmount <= 0 || interestRate <= 0 || loanTenure <= 0) { alert("Please enter valid positive values for all fields."); return; } const emi = (loanAmount * interestRate * Math.pow(1 + interestRate, loanTenure)) / (Math.pow(1 + interestRate, loanTenure) – 1); document.getElementById("emiResult").value = emi.toFixed(2); } function showAmortizationSchedule() { const loanAmount = parseFloat(document.getElementById("loanAmount").value); const interestRate = parseFloat(document.getElementById("interestRate").value) / 100 / 12; const loanTenure = parseFloat(document.getElementById("loanTenure").value) * 12; if (isNaN(loanAmount) || isNaN(interestRate) || isNaN(loanTenure) || loanAmount <= 0 || interestRate <= 0 || loanTenure <= 0) { alert("Please enter valid values for loan amount, interest rate, and tenure."); return; } let balance = loanAmount; let tableContent = "“; for (let month = 1; month <= loanTenure; month++) { const interestPayment = balance * interestRate; const principalPayment = emi – interestPayment; balance -= principalPayment; tableContent += ``; } tableContent += “

Month	Principal	Interest	Total EMI	Balance
${month}	${principalPayment.toFixed(2)}	${interestPayment.toFixed(2)}	${emi.toFixed(2)}	${balance.toFixed(2)}

“; document.getElementById(“amortizationSchedule”).innerHTML = tableContent; } function resetCalculator() { document.getElementById(“home-loan-calculator-form”).reset(); document.getElementById(“emiResult”).value = “”; document.getElementById(“amortizationSchedule”).innerHTML = “”; }