This loan calculator was written by ChatGPT with the prompt, “Write an HTML document with a JavaScript loan calculator in which the user can enter the amount (principle) of the loan ($), the interest rate (%), and term of the loan (years), and the calculator will show the monthly payment ($).”
To use the calculator, enter the amount of money you want to borrow in the Loan Amount, the Interest Rate, and the Loan Term, then press the “Calculate” button. The amount of the monthly payments will be shown below the button.