0

```
import java.io.BufferedReader;
import java.io.IOException;
import java.io.InputStreamReader;
class Mortgage {
private static double round(Double val) { // round the value to two decimal places
int vala = (int) (val * 100);
return (double) (vala / 100.00);
}
public static void main(String[] args) throws IOException {
double loanAmount = 200000.00; // Loan Amount of the Mortgage
double rate = 0.0575; // Intrest rate of the Mortgage (yearly)
int years = 30; //number of payments in the Mortgage in Years
double payment = 0.00; //monthly payment of the Mortgage
payment = (loanAmount * ((rate / 12) / (1 - Math.pow((1 + (rate / 12)), -(years * 12)))));
double AmountLeftToPay = loanAmount; // this will hold amount left to pay after each payments(loan balance)
double interest; // calculated interest for each month
double actualprinciple; // actual amount payed ( monthly payment - interest)
InputStreamReader isr = new InputStreamReader(System.in);
BufferedReader bfr = new BufferedReader(isr);// creates the input reader to user interaction
System.out.println("Loan Amount: $200,000");
System.out.println(); // new line
System.out.print("Month "); // Displays the payment Header
System.out.print("\t\tInterest Paid ");//Displays the Interest Header
System.out.print("\tActual Amount Paid ");//Displays the actual pay Header
System.out.print("Amount Left to Pay");
System.out.println();//new line
for (int i = 0; i < years * 12; i++) { //loops through payments
interest = (AmountLeftToPay * (rate / 12));
actualprinciple = (payment - interest);// actual amount payed ( monthly payment - interest)
AmountLeftToPay = AmountLeftToPay - actualprinciple;
if (i == years * 12 - 1) { // this beacuse of java rounding problem can give negative value
AmountLeftToPay = 0;
}
if (i % 12 == 0 && i != 0) //displays the 12 payments per time and pause for user action
{
System.out.println("To Display the rest of the list Press Enter");
bfr.readLine();
}
System.out.print((i + 1) + " "); // Displays the payment Number
System.out.print(round(interest) + " ");//Displays the Interest amount
System.out.print(round(actualprinciple) + " ");//Displays the actual pay amount
System.out.print(round(AmountLeftToPay) );//Displays the Amount Left to pay
System.out.println();//new line
}
}
}
```

*Edited 4 Years Ago by adamb0mb*: Alignment Help