let loanSteps = “”; const currencySymbol = “$”, fixedCurrency = “USD”; function calculateLoan(){ loanSteps=””; const amount = parseFloat(document.getElementById(“loanAmount”).value); const rate = parseFloat(document.getElementById(“interestRate”).value) / 100 / 12; const term = parseInt(document.getElementById(“loanTerm”).value) * 12; if (isNaN(amount) || isNaN(rate) || isNaN(term) || amount <= 0 || rate <= 0 || term <= 0) { alert("Please enter valid positive values for all fields."); return; } const monthlyPayment = amount * rate / (1 – Math.pow(1 + rate, -term)); const totalRepayment = monthlyPayment * term; document.getElementById("monthlyPayment").value = formatCurrency(monthlyPayment); document.getElementById("totalRepayment").value = formatCurrency(totalRepayment); loanSteps += `Inputs:
Loan Amount: ${formatCurrency(amount)}
Annual Interest Rate: ${(rate * 100).toFixed(2)}%
Loan Term: ${term / 12} years

`; loanSteps += `Formulas:
Monthly Payment = Loan Amount × Interest Rate ÷ (1 – (1 + Interest Rate)^-Term)
Total Repayment = Monthly Payment × Term

`; loanSteps += `Results:
Monthly Payment: ${formatCurrency(monthlyPayment)}
Total Repayment: ${formatCurrency(totalRepayment)}
`; if (document.getElementById(“calculationStepsLoan”).style.display === “block”) { document.getElementById(“calculationStepsLoan”).innerHTML = loanSteps; } } function resetLoan(){ document.querySelectorAll(“#calculator input”).forEach(el => el.value = “”); loanSteps = “”; document.getElementById(“calculationStepsLoan”).innerHTML = “

Not calculated yet.

“; } function toggleLoanSteps(){ const s = document.getElementById(“calculationStepsLoan”); const a = document.getElementById(“toggleArrowLoan”); if (s.style.display === “none” || s.style.display === “”) { s.style.display = “block”; a.style.transform = “rotate(180deg)”; s.innerHTML = loanSteps || “

Not calculated yet.

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