[java]Loan repayment calc? related questions

Asked by
[java]Loan repayment calc?0kyaria2012-08-26 13:50:03
I've been working on a repayment loan calculator simple , I'm thinking about asking for a mortgage on a new house and I'm selling something soon . That said, my first program calculates the amount / month would pay. My code for that is here : http://pastebin.com/vyELbev1 < / a> MedlinePlus MedlinePlus I concluded that I could probably save a lot of money if you pay once a year ( since the interest not accumulate faster / higher) , but I can not think of how to make something like a mort 30 years , and the program payment once a year using the code I've already done . MedlinePlus MedlinePlus Any help ? MedlinePlus - Thanks
How to calculate loan payments (without online calc)?1Gayla2012-08-19 03:48:29
Its for a math project where I have to show my work , and for some reason I completely forgot how to do things . We're making the recursive formulas , and I have to find out: How do you calculate the number of months it will take to pay off a car with a monthly payment. I have to have three different payments , but I just show you how to : u (0 ) = 600,910 u (n -1) * (1 + (.025/12)) -3000 Also, how I can know how much you actually pay for the time everything is done . Please help ! : (
Online calculator or excel spreadsheet(preferably) that will help me calc. the benefit of paying extra monthly1SUPER MAN2012-09-25 14:47:04
I am looking for a spreadsheet or an online calculator that allows you to connect, for example, fixed rate loan 30yr x % and then I may also add $ xxx.xx per month to my monthly bill to compare differences and how much monthly I like to shorten the duration of the loan. They key I'm looking for is the monthly break down of interest / principle. Thank you !
Help!!assignment!!java!!?9Bartle2019-04-07 20:12:44
Sanchez Construction Loan Co. provides loans of up to $ 100,000 for construction projects. There are two categories of loans - those MedlinePlus * Business and those individual applicants. MedlinePlus * MedlinePlus * Is an application that tracks all new construction loans. The application also must calculate the total amount due at the USDA Agricultural Research * Expiration Date (original loan amount + fee loan). MedlinePlus * The application must include the following classes: * Loan - public abstract class that implements the interface LoanConstants. A loan includes a loan number, customer name above, MedlinePlus * The loan amount, interest rate and term. MedlinePlus * The constructor requires data for each of the fields, except the interest rates. Do not allow loan amounts over $ 100,000. Forcing any MedlinePlus * Loan Term is not one of the three LoanConstants class defined in the short term, one-year loan. Create a toString () MedlinePlus * Method showing all loan data. MedlinePlus * LoanConstants - A class public interface. LoanConstants includes constant values ​​of short-term (one year), medium term (three years) * Or long term (five years) loans. * Also contains constants for the company name and the maximum amount. MedlinePlus * BusinessLoan - A public class that extends loan. The constructor sets the intersest BusinessLoan rate of 1% on the current prime MedlinePlus * Interest rate. MedlinePlus * PersonalLoan - A public class that extends loan. The PersonalLoan constructor sets the interest rate to 2% over the current prime MedlinePlus * Interest rate. MedlinePlus * CreateLoans - An application that creates an array of five loans. PROMT the user the current prime rate. Then, in a loop, * Prompt the user for a type of loan and all information revelant to that loan. Loan store objects created in the matrix. When MedlinePlus * Data entry is complete, show all loans. MedlinePlus * MedlinePlus * Save the file as: MedlinePlus * Loan.java MedlinePlus * LoanConstants.java MedlinePlus * BusinessLoan.java MedlinePlus * PersonalLoan.java MedlinePlus * CreateLoans.java
Java: Loop isn't working, help?0Lourane2012-09-12 19:18:03
Short details of the mission : I need to create a loan calculator to calculate payment information during three separate loans . ( information includes payment , interest paid per month , the remaining balance ) . This must be done for each loan until they reach 0.00. MedlinePlus MedlinePlus For some reason my loop is not computing time and again . Only calculated the first loan payment of 2 and 3 , and that's it . So I do not know what I'm doing wrong . Instead of copying all the code here , I thought it was just bad coding loops ? So here it is : MedlinePlus MedlinePlus for ( int i = 1; i < = ( totalPayments [ i ] ) ; i + + ) MedlinePlus { MedlinePlus MedlinePlus interestPaid [i ] = ( Balance [ i] * yearlyInterest [i ]) / oneYear ; MedlinePlus principalPaid [i ] = paymentAmount [i] - interestPaid [i]; MedlinePlus paymentAmount [i ] = paymentAmount [i ] = Balance [i ] * ( monthlyInterest [i ] * Math.pow ((1 + monthlyInterest [ i]), totalPayments [ i]) ) / (( Math.pow ((1 + monthlyInterest [ i]), totalPayments [ i]) - 1)) ; MedlinePlus MedlinePlus LoanData (Balance [i], principalPaid [i], interestPaid [i], loanTerm [i ], i, yearlyInterest [i], paymentAmount [i ]); MedlinePlus MedlinePlus if ( i % 12 == 1) MedlinePlus { MedlinePlus MedlinePlus System.out.println ( " Term Loan = " + loanTerm [ i ] + "years " + " t " + " Interest Rate = " + String.Format ( " % .2 f " , yearlyInterest [ i ] * 100) + " % " ) ; MedlinePlus System.out.println ( " _____________
Need help with java program to compute monthly payment of a car loan with user input?0HELP URGANT!2012-11-02 01:11:19
I am in java 101 so its beginner code so don't get too complex. Here is the code i have so far. It works but gets the wrong answer. import javax.swing.*; import java.text.*; public class Project2 { public static void main(String[] args) { double carPrice, downPayment, annualInterestRate, monthlyPayment; int numberOfPayments; System.out.println("This program computes monthly payment for a car loan given price of a car, down payment, interest rate and number of payments."); String userCarPrice = JOptionPane.showInputDialog(null, "Please enter the Price of the car"); carPrice = Double.parseDouble(userCarPrice); String userDownPayment = JOptionPane.showInputDialog(null, "Please enter the down payment"); downPayment = Double.parseDouble(userDownPayment); String userAnnualInterestRate = JOptionPane.showInputDialog(null, "Please enter the annual interest rate"); annualInterestRate = Double.parseDouble(userAnnualInterestRat
This problem concerns the production of a java program that will calculate repayments on a student loan for a ?1Linda Wortham2019-04-07 20:07:36
Specification of the problem : MedlinePlus This problem relates to the production of a Java program that calculates the payments on a student loan for one year. Payments are based on the ex -student
This problem concerns the production of a java program that will calculate repayments on a student loan for a ?0 vows: Ping â¿´ 2012-10-04 01:27:14
Specification of the problem : MedlinePlus This problem relates to the production of a Java program that calculates the payments on a student loan for one year. Payments are based on the ex -student
Java: How do I have the main function call separate method to print schedule?0Chick-Fool-a 2012-08-12 01:59:03
To my java class , I wrote a program for a summary of monthly car loan payment . Now I'm supposed to modify the code to print the loan amortization schedule moves aside a void function (method). Then , if a loan, the main function call to print the calendar. How I can do this? Thanks in advance ...
Loan Rs.6,04,600.00, int. rate =12%, 20 quarterly repayment. what is the quaterly repayment amount.?0Stefina2012-09-23 04:23:02
Loan Rs.6 , 04,600.00 , int . = Rate of 12 % , 20 quarterly payments . What is the amount of the quarterly amortization . ?
Student Loan Repayment: Income Contingent Repayment?0Adai2012-09-11 12:06:03
I owe about $ 30,000 , I have a full time job (thankfully ) but only makes $ 23,000 a year . Is this a good choice for me ? The Direct Loan website confused me . Can you explain how the ICR plan ?
What is "interest repayment" and "principal repayment" in education loan?1Aut2012-10-06 22:22:02
I have been paying EMI for my education loan during the last ten months. For the past eight months , the bank has set emission as "interest payment " . But for a couple of months EMI is split in two and is recorded as "interest payment " and " principal payment " . Does it mean anything ? Should I concerened about it? How will this affect my refund ? It is an education loan sbi

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions