ComputeLoanUsingInputDialog.java

import javax.swing.JOptionPane;


public class Main {
	public static void main(String[] args) {
		
		String annualInterestRateString =JOptionPane.showInputDialog(
				"Enter yearly interest rate ,for example 8.25: ");
		
		double annualInterestRate=Double.parseDouble(annualInterestRateString);
		
		double monthlyInterestRate=annualInterestRate/1200;
		
		String numberOfYearsString=JOptionPane.showInputDialog(
				"Enter number of years as an interger,\nfor example 5 :");
		
		int numberOfYears=Integer.parseInt(numberOfYearsString);
		
		String loanString=JOptionPane.showInputDialog(
				"Enter loan amount ,for example 120000.95: ");
		
		double loanAmount =Double.parseDouble(loanString);
		
		double monthlyPayment =loanAmount *monthlyInterestRate/
		(1-1/Math.pow(1+monthlyInterestRate, numberOfYears*12));
		double totalPayment=monthlyPayment *numberOfYears*12;
		
		monthlyPayment=(int)(monthlyPayment*100)/100.0;
		totalPayment=(int)(totalPayment*100)/100.0;
		
		String output="The monthly payment is "+monthlyPayment+
		"\nThe total payment is "+totalPayment;
		JOptionPane.showMessageDialog(null, output);
	}
}