Please complete all previous tabs to view the comparison.

'; } if(lfber_domElements.pdfDownloadBtn) lfber_domElements.pdfDownloadBtn.classList.add('lfber-hidden'); } } function lfber_navigateToTab(targetTabId) { const currentActiveTabLink = document.querySelector('.lfber-tab-link.lfber-active'); if (!currentActiveTabLink) { console.error("Current active tab link not found."); return; } const currentTabId = currentActiveTabLink.getAttribute('data-tab'); let proceed = true; if (currentTabId === 'lfber-tab1' && (targetTabId === 'lfber-tab2' || targetTabId === 'lfber-tab3' || targetTabId === 'lfber-tab4')) { proceed = lfber_validateTab1(); } else if (currentTabId === 'lfber-tab2' && (targetTabId === 'lfber-tab3' || targetTabId === 'lfber-tab4')) { if (!lfber_validateTab1()) { const tab1Button = document.querySelector('.lfber-tab-link[data-tab="lfber-tab1"]'); if (tab1Button) tab1Button.click(); return; } proceed = lfber_validateTab2(); } else if (currentTabId === 'lfber-tab3' && targetTabId === 'lfber-tab4') { if (!lfber_validateTab1()) { const tab1Button = document.querySelector('.lfber-tab-link[data-tab="lfber-tab1"]'); if (tab1Button) tab1Button.click(); return; } if (!lfber_validateTab2()) { const tab2Button = document.querySelector('.lfber-tab-link[data-tab="lfber-tab2"]'); if (tab2Button) tab2Button.click(); return; } proceed = lfber_validateTab3(); } if (proceed) { const targetTabButton = document.querySelector(`.lfber-tab-link[data-tab="${targetTabId}"]`); if (targetTabButton) targetTabButton.click(); } } function lfber_calculateForgivenessPath(balance, annualRate, monthlyPayment, yearsToForgiveness) { const monthlyRate = (annualRate / 100) / 12; const numberOfMonths = Math.max(0, Math.round(yearsToForgiveness * 12)); let currentBalance = balance; let totalPaid = 0; let warning = null; if (numberOfMonths === 0) { return { totalPaidToForgiveness: 0, balanceAtForgiveness: balance, amountForgiven: balance, warning: "Years to forgiveness is zero; no payments made in this scenario." }; } const firstMonthInterest = currentBalance * monthlyRate; if (monthlyRate > 0 && monthlyPayment < firstMonthInterest && monthlyPayment >=0 && balance > 0) { warning = "Minimum payment is less than the first month's interest; balance will grow significantly."; } if (monthlyPayment === 0 && monthlyRate > 0 && balance > 0) { warning = "With $0 monthly payments and positive interest, your loan balance will grow until forgiveness."; } for (let i = 0; i < numberOfMonths; i++) { if (currentBalance <= 0.01 && monthlyPayment > 0) { currentBalance = 0; warning = (warning ? warning + " " : "") + "Loan paid off before forgiveness period with this minimum payment."; break; } const interestThisMonth = currentBalance * monthlyRate; totalPaid += monthlyPayment; // Payment is made regardless of principal reduction if (monthlyPayment === 0 || (monthlyRate > 0 && monthlyPayment <= interestThisMonth + 0.001)) { // balance grows or stays same + interest currentBalance += interestThisMonth; } else { // payment covers some principal currentBalance = currentBalance + interestThisMonth - monthlyPayment; } } if (currentBalance < 0) currentBalance = 0; return { totalPaidToForgiveness: totalPaid, balanceAtForgiveness: currentBalance, amountForgiven: currentBalance, warning: warning }; } function lfber_calculateEarlyRepaymentPath(balance, annualRate, acceleratedPayment) { if (balance <= 0) return { monthsToPayoff: 0, totalPaidAccelerated: 0, totalInterestAccelerated: 0, warning: null }; if (acceleratedPayment <= 0) return { monthsToPayoff: Infinity, totalPaid: 0, totalInterest: 0, warning: "Accelerated payment must be positive to pay off a balance." }; const monthlyRate = (annualRate / 100) / 12; let currentBalance = balance; let months = 0; let totalInterestPaid = 0; let totalPaid = 0; const maxMonths = 60 * 12; // Max 60 years to prevent infinite loops let warning = null; const firstMonthInterest = currentBalance * monthlyRate; if (monthlyRate > 0 && acceleratedPayment <= firstMonthInterest + 0.001) { return { monthsToPayoff: Infinity, totalPaidAccelerated: 0, totalInterestAccelerated: 0, warning: "Accelerated payment is too low to cover interest; balance will grow." }; } if (monthlyRate === 0 && acceleratedPayment === 0 && balance > 0) { // Should be caught by accel payment > 0 return { monthsToPayoff: Infinity, totalPaidAccelerated: 0, totalInterestAccelerated: 0, warning: "With 0% interest and $0 payment, balance remains." }; } while (currentBalance > 0.01 && months < maxMonths) { const interestThisMonth = currentBalance * monthlyRate; let paymentThisMonth = acceleratedPayment; if (currentBalance + interestThisMonth <= paymentThisMonth) { // Final payment paymentThisMonth = currentBalance + interestThisMonth; totalInterestPaid += interestThisMonth; totalPaid += paymentThisMonth; currentBalance = 0; // Paid off } else { totalInterestPaid += interestThisMonth; currentBalance = currentBalance + interestThisMonth - paymentThisMonth; totalPaid += paymentThisMonth; } months++; if (currentBalance <= 0.01) { currentBalance = 0; break; } } if (months >= maxMonths && currentBalance > 0.01) { warning = "Loan may not be paid off within 60 years with this payment."; months = Infinity; } return { monthsToPayoff: months, totalPaidAccelerated: totalPaid, totalInterestAccelerated: totalInterestPaid, warning: warning }; } function lfber_calculateAndDisplayComparison() { if (!lfber_domElements.resultsContainer) return; if (!lfber_validateTab1() || !lfber_validateTab2() || !lfber_validateTab3()) { lfber_domElements.resultsContainer.innerHTML = '

Please correct errors in the previous tabs to view the comparison.

'; if(lfber_domElements.pdfDownloadBtn) lfber_domElements.pdfDownloadBtn.classList.add('lfber-hidden'); return; } const P = lfber_inputData.loanBalance; const annualRate = lfber_inputData.annualInterestRate; const forgivenessPath = lfber_calculateForgivenessPath( P, annualRate, lfber_inputData.minMonthlyPayment, lfber_inputData.yearsToForgiveness ); const taxOnForgiveness = forgivenessPath.amountForgiven * (lfber_inputData.forgivenessTaxRate / 100); const netCostForgiveness = forgivenessPath.totalPaidToForgiveness + taxOnForgiveness; lfber_inputData.forgivenessPathCalc = { ...forgivenessPath, taxOnForgiveness, netCostForgiveness }; const earlyRepaymentPath = lfber_calculateEarlyRepaymentPath( P, annualRate, lfber_inputData.acceleratedMonthlyPayment ); const netCostEarlyRepayment = earlyRepaymentPath.totalPaidAccelerated; lfber_inputData.earlyRepaymentPathCalc = { ...earlyRepaymentPath, netCostEarlyRepayment }; let forgivenessWarningHtml = forgivenessPath.warning ? `

${forgivenessPath.warning}

` : ''; let earlyRepaymentWarningHtml = earlyRepaymentPath.warning ? `

${earlyRepaymentPath.warning}

` : ''; const difference = netCostForgiveness - netCostEarlyRepayment; let decisionMessage = ""; if (!isFinite(netCostForgiveness) && !isFinite(netCostEarlyRepayment)) { decisionMessage = "Both scenarios result in the loan potentially not being paid off or taking an extremely long time. Please review your payment inputs."; } else if (!isFinite(netCostForgiveness)) { decisionMessage = "The forgiveness path results in the loan potentially not being paid off or the balance growing significantly. The Early Repayment Path costs " + lfber_formatCurrency(netCostEarlyRepayment) + "."; } else if (!isFinite(netCostEarlyRepayment)) { decisionMessage = "The early repayment path results in the loan potentially not being paid off or the balance growing with this payment. The Forgiveness Path costs " + lfber_formatCurrency(netCostForgiveness) + "."; } else if (Math.abs(difference) < 1) { decisionMessage = `Both strategies result in a very similar estimated net cost of around ${lfber_formatCurrency(netCostForgiveness)}. Consider qualitative factors.`; } else if (difference < 0) { decisionMessage = `The Loan Forgiveness Path is estimated to be ${lfber_formatCurrency(Math.abs(difference))} CHEAPER in total net cost.`; } else { decisionMessage = `The Early Repayment Path is estimated to be ${lfber_formatCurrency(difference)} CHEAPER in total net cost.`; } lfber_domElements.resultsContainer.innerHTML = ` `; if (lfber_domElements.pdfDownloadBtn) { lfber_domElements.pdfDownloadBtn.classList.remove('lfber-hidden'); } } function lfber_hexToRgb(hex) { if (!hex || typeof hex !== 'string') return null; const shorthandRegex = /^#?([a-f\d])([a-f\d])([a-f\d])$/i; hex = hex.replace(shorthandRegex, function(m, r, g, b) { return r + r + g + g + b + b; }); const result = /^#?([a-f\d]{2})([a-f\d]{2})([a-f\d]{2})$/i.exec(hex); return result ? { r: parseInt(result[1], 16), g: parseInt(result[2], 16), b: parseInt(result[3], 16) } : null; } function lfber_generatePdf() { if (typeof window.jspdf === 'undefined' || typeof window.jspdf.jsPDF === 'undefined' || typeof window.jspdf.jsPDF.API === 'undefined' || typeof window.jspdf.jsPDF.API.autoTable === 'undefined') { alert("PDF generation library is not loaded. Please try again later."); return; } if (!lfber_validateTab1() || !lfber_validateTab2() || !lfber_validateTab3()) { alert("Please ensure all inputs are correctly filled before generating PDF."); if (!lfber_validateTab1()) lfber_navigateToTab('lfber-tab1'); else if (!lfber_validateTab2()) lfber_navigateToTab('lfber-tab2'); else if (!lfber_validateTab3()) lfber_navigateToTab('lfber-tab3'); return; } lfber_calculateAndDisplayComparison(); if (lfber_domElements.resultsContainer && lfber_domElements.resultsContainer.innerHTML.includes("lfber-error-message")) { alert("Cannot generate PDF due to errors in input or calculation. Please correct them."); return; } const ActualJsPDF = window.jspdf.jsPDF; const doc = new ActualJsPDF(); const { loanBalance, annualInterestRate, minMonthlyPayment, yearsToForgiveness, forgivenessTaxRate, acceleratedMonthlyPayment, forgivenessPathCalc, earlyRepaymentPathCalc } = lfber_inputData; doc.setFontSize(18); const primaryColorRGB = lfber_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--lfber-primary-color').trim()) || {r:38,g:166,b:154}; // Fallback const secondaryColorRGB = lfber_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--lfber-secondary-color').trim()) || {r:0,g:121,b:107}; // Fallback const accentColorRGB = lfber_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--lfber-accent-color').trim()) || {r:255,g:112,b:67}; // Fallback doc.setTextColor(primaryColorRGB.r, primaryColorRGB.g, primaryColorRGB.b); doc.text("Loan Forgiveness vs. Early Repayment Comparison", 105, 20, null, null, "center"); doc.setFontSize(11); doc.setTextColor(38,50,56); let startY = 30; doc.text(`Loan Balance: ${lfber_formatCurrency(loanBalance)} | Annual Interest Rate: ${annualInterestRate}%`, 14, startY); startY += 10; const tableHeadFillColor = [secondaryColorRGB.r, secondaryColorRGB.g, secondaryColorRGB.b]; const forgivenessTextColor = [primaryColorRGB.r, primaryColorRGB.g, primaryColorRGB.b]; const earlyRepTextColor = [accentColorRGB.r, accentColorRGB.g, accentColorRGB.b]; doc.setFontSize(13); doc.setTextColor(forgivenessTextColor[0], forgivenessTextColor[1], forgivenessTextColor[2]); doc.text("Loan Forgiveness Path", 14, startY); startY += 7; let forgivenessBodyPDF = [ ["Minimum Monthly Payment:", lfber_formatCurrency(minMonthlyPayment)], ["Time to Forgiveness:", `${yearsToForgiveness} years`], ["Total Paid Towards Loan:", lfber_formatCurrency(forgivenessPathCalc.totalPaidToForgiveness)], ["Est. Loan Balance at Forgiveness:", lfber_formatCurrency(forgivenessPathCalc.balanceAtForgiveness)], ["Amount Forgiven:", lfber_formatCurrency(forgivenessPathCalc.amountForgiven)], ["Assumed Tax Rate on Forgiveness:", lfber_formatPercent(forgivenessTaxRate)], ["Estimated Tax on Forgiveness:", lfber_formatCurrency(forgivenessPathCalc.taxOnForgiveness)], [{content: "Effective Total Cost (Payments + Tax):", styles:{fontStyle:'bold'}}, {content: isFinite(forgivenessPathCalc.netCostForgiveness) ? lfber_formatCurrency(forgivenessPathCalc.netCostForgiveness) : 'N/A', styles:{fontStyle:'bold'}}], ]; if(forgivenessPathCalc.warning) forgivenessBodyPDF.push([{content: `Note: ${forgivenessPathCalc.warning}`, colSpan:2, styles: {textColor: [229,57,53], fontSize:8}}]); // Use error color doc.autoTable({ startY: startY, theme: 'grid', headStyles: { fillColor: tableHeadFillColor, textColor: 255, fontSize: 10}, body: forgivenessBodyPDF, margin: { left: 14, right: 14 }, styles: { fontSize: 9, cellPadding: 2 }, columnStyles: {0: {fontStyle:'bold'}} }); startY = doc.autoTable.previous.finalY + 10; doc.setFontSize(13); doc.setTextColor(earlyRepTextColor[0], earlyRepTextColor[1], earlyRepTextColor[2]); doc.text("Early Repayment Path", 14, startY); startY += 7; let earlyRepBodyPDF = [ ["Accelerated Monthly Payment:", lfber_formatCurrency(acceleratedMonthlyPayment)], ["Est. Time to Pay Off Loan:", lfber_formatYearsMonths(earlyRepaymentPathCalc.monthsToPayoff)], ["Total Interest Paid:", isFinite(earlyRepaymentPathCalc.totalInterestAccelerated) ? lfber_formatCurrency(earlyRepaymentPathCalc.totalInterestAccelerated) : 'N/A'], [{content: "Effective Total Cost (Total Payments):", styles:{fontStyle:'bold'}}, {content: isFinite(earlyRepaymentPathCalc.netCostEarlyRepayment) ? lfber_formatCurrency(earlyRepaymentPathCalc.netCostEarlyRepayment) : 'N/A', styles:{fontStyle:'bold'}}], ]; if(earlyRepaymentPathCalc.warning) earlyRepBodyPDF.push([{content: `Note: ${earlyRepaymentPathCalc.warning}`, colSpan:2, styles: {textColor: [229,57,53], fontSize:8}}]); doc.autoTable({ startY: startY, theme: 'grid', headStyles: { fillColor: tableHeadFillColor, textColor: 255, fontSize:10 }, body: earlyRepBodyPDF, margin: { left: 14, right: 14 }, styles: { fontSize: 9, cellPadding: 2 }, columnStyles: {0: {fontStyle:'bold'}} }); startY = doc.autoTable.previous.finalY + 10; doc.setFontSize(11); doc.setTextColor(secondaryColorRGB.r, secondaryColorRGB.g, secondaryColorRGB.b); doc.text("Financial Comparison:", 14, startY); startY += 6; doc.setFontSize(9); doc.setTextColor(38,50,56); const difference = forgivenessPathCalc.netCostForgiveness - earlyRepaymentPathCalc.netCostEarlyRepayment; let decisionMessagePDF = ""; if (!isFinite(forgivenessPathCalc.netCostForgiveness) && !isFinite(earlyRepaymentPathCalc.netCostEarlyRepayment)) { decisionMessagePDF = "Both scenarios result in the loan potentially not being paid off or taking an extremely long time. Please review your payment inputs."; } else if (!isFinite(forgivenessPathCalc.netCostForgiveness)) { decisionMessagePDF = "The forgiveness path results in the loan potentially not being paid off or the balance growing significantly. Early repayment costs " + lfber_formatCurrency(earlyRepaymentPathCalc.netCostEarlyRepayment) + "."; } else if (!isFinite(earlyRepaymentPathCalc.netCostEarlyRepayment)) { decisionMessagePDF = "The early repayment path results in the loan potentially not being paid off or the balance growing with this payment. The Forgiveness Path costs " + lfber_formatCurrency(forgivenessPathCalc.netCostForgiveness) + "."; } else if (Math.abs(difference) < 1) { decisionMessagePDF = `Both strategies have a similar estimated net cost of around ${lfber_formatCurrency(forgivenessPathCalc.netCostForgiveness)}.`; } else if (difference < 0) { decisionMessagePDF = `The Loan Forgiveness Path is estimated to be ${lfber_formatCurrency(Math.abs(difference))} CHEAPER in total net cost.`; } else { decisionMessagePDF = `The Early Repayment Path is estimated to be ${lfber_formatCurrency(difference)} CHEAPER in total net cost.`; } const splitDecision = doc.splitTextToSize(decisionMessagePDF, doc.internal.pageSize.width - 28); doc.text(splitDecision, 14, startY); startY += (splitDecision.length * (doc.getLineHeight() / doc.internal.scaleFactor * 0.85)) + 8; doc.setFontSize(10); doc.setTextColor(secondaryColorRGB.r, secondaryColorRGB.g, secondaryColorRGB.b); doc.text("Other Factors to Consider:", 14, startY); startY += 6; doc.setFontSize(8.5); doc.setTextColor(38,50,56); const factors = [ "- Cash Flow: Forgiveness path often means lower monthly payments; early repayment requires higher ones.", "- Certainty: Early repayment ensures being debt-free sooner. Forgiveness programs/tax laws can change.", "- Investment Opportunity: Funds for extra payments could potentially be invested elsewhere (involves risk).", "- Peace of Mind: Being debt-free sooner offers psychological benefits for some.", "- Tax on Forgiveness: Research current federal/state tax laws. PSLF is typically not federally taxed. IDR forgiveness federal tax exemption is temporary (expires end of 2025 unless extended); state laws vary." ]; factors.forEach(factor => { const splitFactor = doc.splitTextToSize(factor, doc.internal.pageSize.width - 28); doc.text(splitFactor, 14, startY); startY += (splitFactor.length * (doc.getLineHeight() / doc.internal.scaleFactor * 0.8)) + 1.5; }); doc.setFontSize(9); doc.setTextColor(120); doc.text(`Report generated on: ${new Date().toLocaleDateString()} ${new Date().toLocaleTimeString()}`, 14, doc.internal.pageSize.height - 10); doc.save("LoanForgiveness_vs_EarlyRepayment.pdf"); } window.lfber_switchTab = lfber_switchTab; window.lfber_navigateToTab = lfber_navigateToTab; window.lfber_generatePdf = lfber_generatePdf;