About Loan Calculator

This loan calculator is a web-based application that helps users calculate various details of a loan.

Users need to provide loan information through the following fields:

• Loan Amount: The user will enter the loan amount here.
• Loan Term: The user will provide the loan term in years.
• Interest Rate: The user will enter the interest rate of the loan.
• Loan Type: The user will specify the type of home loan, i.e., fixed or variable.
• Payment Type: The user must specify the type of payment they want to make, such as monthly, quarterly, or annually.

After entering the given information, when the user clicks on the "Calculate" button, the system displays the complete loan details including monthly payment, total interest amount, total payment, etc.