function calculateEMI() {
const loanAmount = parseFloat(document.getElementById(‘loanAmount’).value);
const tenure = parseFloat(document.getElementById(‘loanTenure’).value);
const interestRate = parseFloat(document.getElementById(‘interestRate’).value);
if (isNaN(loanAmount) || isNaN(tenure) || isNaN(interestRate) || loanAmount <= 0 || tenure <= 0 || interestRate <= 0) {
alert("Please enter valid values for all fields.");
return;
}
const monthlyRate = interestRate / 12 / 100;
const numberOfMonths = tenure * 12;
const emi = (loanAmount * monthlyRate * Math.pow(1 + monthlyRate, numberOfMonths)) / (Math.pow(1 + monthlyRate, numberOfMonths) – 1);
document.getElementById('emiResult').value = emi.toFixed(2);
}
function resetForm() {
document.getElementById('homeLoanEMIForm').reset();
document.getElementById('emiResult').value = "";
document.getElementById('calculationSteps').style.display = "none";
}
function toggleSteps() {
const steps = document.getElementById('calculationSteps');
steps.style.display = steps.style.display === "none" ? "block" : "none";
}
