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README.md

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-# loan-amortization-calculator
-Loan Amortization Calculator computes monthly and yearly loan payments and generates a loan amortization schedule based on the loan amount, interest rate, loan duration, and schedule type.
+# Loan Amortization Calculator
+
+## About
+Loan Amortization Calculator computes monthly and yearly loan payments and generates a loan amortization schedule. Input the loan amount, interest rate, and term, select the schedule type to calculate loan payments, and view how the loan is paid over time.
+
+## Repository Structure
+1. `description.txt`: This text file explains the concept of loan amortization and loan amortization schedule.
+2. `favicon.ico`: A small icon representing the project in browser tabs and bookmarks.
+3. `index.html`: The main HTML file that provides the application's structure.
+4. `script.js`: This JavaScript file contains the logic for calculating the monthly and yearly payment, generating the loan amortization schedule and dynamically updating the table.
+5. `style.css`: This CSS file styles the main HTML file.
+
+## Usage
+1. Clone or download this repository on your computer.
+2. Open the `index.html` file in a web browser.
+3. Enter the loan amount, annual interest rate, loan term and choose the schedule type.
+4. Click the **Calculate** button to see the monthly or yearly payment and the amortization schedule.
+
+## License
+This project is open-source and available under the [MIT License](https://opensource.org/license/mit).