ComputeLoanUsingInputDialog

package ComputeLoanUsingInputDialog;
import javax.swing.JOptionPane;
public class ComputeLoanUsingInputDialog {
    public static void main(String[] args) {
        //Enter yearly interest rate
        String annualInterestRateString = JOptionPane.showInputDialog(null,
                "Enter yearly interest rate, for example 8.25: ", "Input",
                JOptionPane.QUESTION_MESSAGE);
        //Convert String to double
        double annualInterestRate = Double.parseDouble(annualInterestRateString);
        double monthlyInterestRate = annualInterestRate / 1200;
        
        String numberOfYearsString = JOptionPane.showInputDialog("Enter number of years as integer,"
                + "\n for 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);
    }
    
}

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