let mortgageSteps = “”; const currencySymbol = “$”, fixedCurrency = “USD”; function calculateMortgage(){ mortgageSteps=””; 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||loanTerm<=0){ alert("Please enter valid positive values for all fields."); return; } const monthlyRate = interestRate / 12; const numPayments = loanTerm * 12; const monthlyPayment = loanAmount * monthlyRate / (1 – Math.pow(1 + monthlyRate, -numPayments)); document.getElementById("monthlyPayment").value = formatCurrency(monthlyPayment); mortgageSteps += `Inputs:
Loan Amount: ${formatCurrency(loanAmount)}
Interest Rate: ${(interestRate*100).toFixed(1)}%
Loan Term: ${loanTerm} Years

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

`; mortgageSteps += `Results:
Estimated Monthly Payment: ${formatCurrency(monthlyPayment)}
`; mortgageSteps += `Tip: Consider adjusting your loan term or interest rate to find a payment plan that suits your budget.`; if(document.getElementById(“calculationStepsMortgage”).style.display===”block”){ document.getElementById(“calculationStepsMortgage”).innerHTML = mortgageSteps; } } function resetMortgage(){ document.querySelectorAll(“#calculator input”).forEach(el=>el.value=””); mortgageSteps=””; document.getElementById(“calculationStepsMortgage”).innerHTML=”

Not calculated yet.

“; } function toggleMortgageSteps(){ const s=document.getElementById(“calculationStepsMortgage”); const a=document.getElementById(“toggleArrowMortgage”); if(s.style.display===”none”||s.style.display===””){ s.style.display=”block”;a.style.transform=”rotate(180deg)”; s.innerHTML=mortgageSteps||”

Not calculated yet.

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