//Jave Coding created by Brandi  11.14.08

//Mortgage Payment Calculator to output


//First requirement_output_payment schedule
//for a 200k loan over a 30 year term at 5.75% interest


//Second requirement_output_payments schedule for same
//add_mortgage payment amount_balance_and interest paid for each payment
//over the term_looping to catch all payments


//Third requirement_output_payments schedule for 7_15_30 year at
//5.35_5.5_5.75 with an array 30 year term

//Varies- Principal, Percentage, Months

//Constants- Equation



//Program Start
import java.io;
import java.text.DecimalFormat;
public class mtg_calc2
{
    public static void main(String[]args)

    {

        double payment, principal, interest, payment_n, A;


        principal= 200000.00;   //principal
        interest= 0.0575;   //interest
        payment_n= 360;   //number of payments

    A= (interest*principal*(1+interest));










                //title of program

        System.out.println("Welcome to the Cerda Mortgage Calculator!");


                System.out.println("\nYour mortgage principal amount is $200,000.\nYour mortgage term is 30 years \nYour interest rate is 5.75%");

        System.out.println("Based on this information, your payment is: $"+A);

    }
}