Maybank Home Loan Calculator

let homeLoanSteps = “”; const currencySymbol = “RM”, fixedCurrency = “MYR”; function calculateHomeLoan(){ homeLoanSteps=””; const loanAmount=parseFloat(document.getElementById(“loanAmount”).value); const interestRate=parseFloat(document.getElementById(“interestRate”).value)/100/12; const loanTerm=parseFloat(document.getElementById(“loanTerm”).value)*12; if(isNaN(loanAmount)||isNaN(interestRate)||isNaN(loanTerm)||loanAmount<=0||interestRate<=0||loanTerm<=0){ alert("Please enter valid positive values for all fields."); return; } const monthlyRepayment = (loanAmount * interestRate) / (1 – Math.pow(1 + interestRate, -loanTerm)); const totalInterest = monthlyRepayment * loanTerm – loanAmount; document.getElementById("monthlyRepayment").value = formatCurrency(monthlyRepayment); document.getElementById("totalInterest").value = formatCurrency(totalInterest); homeLoanSteps += `Inputs:
Loan Amount: ${formatCurrency(loanAmount)}
Interest Rate: ${(interestRate*100).toFixed(2)}%
Loan Term: ${loanTerm/12} years

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

`; homeLoanSteps += `Results:
Monthly Repayment: ${formatCurrency(monthlyRepayment)}
Total Interest Payable: ${formatCurrency(totalInterest)}
`; if(document.getElementById(“calculationStepsHomeLoan”).style.display===”block”){ document.getElementById(“calculationStepsHomeLoan”).innerHTML = homeLoanSteps; } } function resetHomeLoan(){ document.querySelectorAll(“#calculator input”).forEach(el=>el.value=””); homeLoanSteps=””; document.getElementById(“calculationStepsHomeLoan”).innerHTML=”

Not calculated yet.

“; } function toggleHomeLoanSteps(){ const s=document.getElementById(“calculationStepsHomeLoan”); const a=document.getElementById(“toggleArrowHomeLoan”); if(s.style.display===”none”||s.style.display===””){ s.style.display=”block”;a.style.transform=”rotate(180deg)”; s.innerHTML=homeLoanSteps||”

Not calculated yet.

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