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Cheque Facility

Loan Affordability Calculator


    #main-body {
      font-family: Arial, sans-serif;
      padding: 20px;
    }

    #main-title {
      text-align: center;
    }

    #loan-form {
      margin: 20px auto;
      width: 300px;
    }

    #loan-form div {
      margin-bottom: 10px;
    }

    #loan-form label {
      display: block;
    }

    #loan-form input[type="number"] {
      width: 100%;
      padding: 5px;
    }

    #loan-form button[type="submit"] {
      display: block;
      margin: 10px auto;
      padding: 10px;
      width: 100%;
    }

    #result {
      margin: 20px auto;
      width: 300px;
      text-align: center;
      font-weight: bold;
    }
    .card-box {
    border: 1px solid #ccc;
    padding: 1.25rem;
    margin-bottom: 1.5rem;
    background: #fff;
    border-radius: 0.5rem;
}
  


                
                                
                                                
                
  Loan Affordability Calculator
  
  
    
      Desired Monthly EMI:
      
    
    
      Interest Rate (%):
      
    
    
      Loan Term (years):
      
    
    Calculate
  

  




                


  
    document.getElementById('loan-form').addEventListener('submit', function(event) {
      event.preventDefault();

      var monthlyEMI = parseFloat(document.getElementById('monthlyEMI').value);
      var interestRate = parseFloat(document.getElementById('interestRate').value);
      var loanTerm = parseFloat(document.getElementById('loanTerm').value);

      var interestRateDecimal = interestRate / 100;
      var monthlyInterestRate = interestRateDecimal / 12;

      var loanAmount = monthlyEMI * ((1 - Math.pow(1 + monthlyInterestRate, -loanTerm * 12)) / monthlyInterestRate);

      var formattedLoanAmount = loanAmount.toLocaleString(undefined, { minimumFractionDigits: 2, maximumFractionDigits: 2 });

      var resultElement = document.getElementById('result');
      resultElement.textContent = 'Loan Affordability: Rs ' + formattedLoanAmount;
    });
  


