Maybank Housing Loan Calculator Malaysia

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

`; calculationSteps += `Formulas:
Monthly Repayment = Loan Amount × (Monthly Rate) / (1 – (1 + Monthly Rate)^(-Number of Payments))

`; calculationSteps += `Result:
Monthly Repayment: ${formatCurrency(monthlyRepayment)}
`; if(document.getElementById(“calculationSteps”).style.display === “block”){ document.getElementById(“calculationSteps”).innerHTML = calculationSteps; } } function resetCalculator(){ document.querySelectorAll(“#maybankHousingLoanCalculator input”).forEach(el => el.value = “”); calculationSteps = “”; document.getElementById(“calculationSteps”).innerHTML = “

Not calculated yet.

“; } function toggleSteps(){ const steps = document.getElementById(“calculationSteps”); const arrow = document.getElementById(“toggleArrow”); if(steps.style.display === “none” || steps.style.display === “”){ steps.style.display = “block”; arrow.style.transform = “rotate(180deg)”; steps.innerHTML = calculationSteps || “

Not calculated yet.

“; } else { steps.style.display = “none”; arrow.style.transform = “rotate(0deg)”; } } function formatCurrency(amount){ return currencySymbol + amount.toFixed(2); }