Loan Calculator in India
Calculate your monthly loan payments and total interest for various loan amounts and interest rates in India.
function calculateLoan(){
const loanAmount = parseFloat(document.getElementById(“loanAmount”).value);
const loanTerm = parseFloat(document.getElementById(“loanTerm”).value);
const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100;
if (isNaN(loanAmount) || isNaN(loanTerm) || isNaN(interestRate) || loanAmount <= 0 || loanTerm <= 0 || interestRate el.value = “”);
}
function formatCurrency(amount) {
return ‘₹’ + amount.toFixed(2);
}
