Calculators and Mortgage Calculators Enter two numbers to calculate: Number 1 Number 2 Result: Mortgage Enter the details for mortgage calculator: Loan Amount Term in months Interest Rate Monthly Payment: // Calculators function addNumbers(){ var num1=Number(document.querySelector('[name="num1"]').value); var num2=Number(document.querySelector('[name="num2"]').value); document.querySelector('[name="result"]').value=num1+num2; } function subNumbers(){ var num1=Number(document.querySelector('[name="num1"]').value); var num2=Number(document.querySelector('[name="num2"]').value); document.querySelector('[name="result"]').value=num1-num2; } function mulNumbers(){ var num1=Number(document.querySelector('[name="num1"]').value); var num2=Number(document.querySelector('[name="num2"]').value); document.querySelector('[name="result"]').value=num1*num2; } function divideNumbers(){ var num1=Number(document.querySelector('[name="num1"]').value); var num2=Number(document.querySelector('[name="num2"]').value); document.querySelector('[name="result"]').value=num1/num2; } //Mortgage function calculateMortgage(){ var loan_amount=Number(document.querySelector('[name="loan_amount"]').value); var rate=Number(document.querySelector('[name="rate"]').value); var term=Number(document.querySelector('[name="term"]').value); var monthly_payment=loan_amount*((rate/100/12)*(Math.pow(1+(rate/100/12),term))/(Math.pow(1+(rate/100/12),term)-1)); document.querySelector('[name="mortgage"]').value=monthly_payment.toFixed(2); } Making Sense of Calculators and Mortgages Getting a mortgage is one of the biggest financial decisions of anyone's life. Calculators are immensely valuable tools for navigating the complexities of the process. In this article we explore how calculators can help individuals make sound financial decisions when it comes to mortgages. When first considering how much of a mortgage you can afford, calculators can help you consider the cost of monthly payments. They can provide estimates for monthly payments which factor in your prospective interest rates, property tax, and insurance. Knowing exactly how much of a payment you can afford shortly after considering a purchase can be a huge relief. The calculators can also help you determine the approximate amount of money that you would need up front for a down payment of the home. Additionally, using a calculator can help you identify different costs associated with homeownership beyond the payment, such as insurance, taxes, and legal fees. This holistic approach to your finances can help you develop and execute a cohesive plan for your mortgage payments. For those already with a mortgage, calculators can help you help you get an understanding of the remaining payments. Additionally, calculators can show you how different payment options could affect your overall cost. By understanding the payment schedules and different payment options, you can begin to make informed decisions about what payment plan to choose. Ultimately, calculators can provide a great deal of ease when beginning the home buying process. By using a calculator to factor in different costs associated with homeownership, you can begin to understand and plan for the future of your mortgage payments. Overall, calculators can be powerful tools to make your life easier and more secure.