1 import java.util.Scanner;
2
3 public class Solution
4 {
5 public static void main(String[] args)
6 {
7 Scanner input = new Scanner(System.in);
8
9 System.out.print("Loan Amount: ");
10 double loanAmount = input.nextDouble();
11 System.out.print("Number of Years: ");
12 int numberOfYears = input.nextInt();
13 System.out.print("Annual Interest Rate: ");
14 double interestRate = input.nextDouble();
15
16 input.close();
17
18 double monthlyPayment = loanAmount * (interestRate / 12) /
19 (1 - 1 / Math.pow(1 + interestRate / 12, numberOfYears * 12));
20 System.out.println("Monthly Payment: " + monthlyPayment);
21 double totalPayment = monthlyPayment * numberOfYears * 12;
22 System.out.println("Total Payment: " + totalPayment);
23
24 System.out.printf("%s\t\t%s\t\t%s\t\t%s", "Payment#", "Interest", "Principal", "Balance");
25 System.out.println();
26
27 double interest, principal;
28 double balance = loanAmount;
29
30 for(int i = 1; i <= numberOfYears * 12; i++)
31 {
32 interest = interestRate / 12 * balance;
33 principal = monthlyPayment - interest;
34 balance -= principal;
35 System.out.printf("%d\t\t%f\t\t%f\t\t%f", i, interest, principal, balance);
36 System.out.println();
37 }
38 }
39 }
