Loan Amount: The total loan amount the user plans to borrow.

Annual Interest Rate: The interest rate of the loan expressed as a percentage.

Loan Term: The length of the loan in years.

Loan Type: A dropdown for different types of loans (e.g., business, mortgage, personal, etc.).

Monthly Payment Calculation: Uses the formula for calculating the monthly payments for an amortizing loan.

Total Interest: The total amount of interest paid over the term of the loan.

Total Payment: The sum of all payments made (principal + interest) over the term of the loan.