Lowest Rate for a Personal Loan Calculator
Calculate your potential monthly payment and total interest based on different loan amounts and terms at the lowest rates.
function calculateLoan() {
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 el.value = “”);
}
function formatCurrency(n) {
return “$” + n.toFixed(2);
}
