Nedbank Namibia Home Loan Calculator

Nedbank Namibia Home Loan Calculator

Estimate your monthly home loan repayments and affordability with Nedbank Namibia’s home loan calculator.

function calculateRepayment() { 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 values for all fields."); return; } const monthlyRepayment = (loanAmount * interestRate) / (1 – Math.pow(1 + interestRate, -loanTerm)); document.getElementById("monthlyRepayment").value = monthlyRepayment.toFixed(2); }

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