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script.js
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76 lines (21 loc) · 1.21 KB
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document.getElementById('CalculatorBtn').addEventListener("click",calculate);
function calculate(){
const loanAMount = parseFloat(document.getElementById('loan-amount').value);
const INterstRate = parseFloat(document.getElementById('interest_Rate').value);
const LoanTerm = parseFloat(document.getElementById('loan-term').value);
if(isNaN(loanAMount) || isNaN(INterstRate) || isNaN(LoanTerm)){
alert("Please enter valid numbers");
}
const monthlyInterest = INterstRate /100 / 12;
const totalPayments = LoanTerm;
const monthlyPayment = (loanAMount*monthlyInterest)/(1-Math.pow(1+monthlyInterest, -totalPayments));
const totalInterestPaid = (monthlyPayment * totalPayments) - loanAMount;
displayResult(monthlyPayment,totalInterestPaid);
}
function displayResult(monthlyPayment,totalInterestPaid){
const resultDiv = document.getElementById('result');
resultDiv.innerHTML = `
<p><strong> Montly Payment : ${monthlyPayment.toFixed(2)}</strong></p>
<p><strong> Montly Payment : ${totalInterestPaid.toFixed(2)}</strong></p>
`;
}