Java Code for Loan Payment

This java programming code is used to find the loan payment . You can select the whole java code by clicking the select option and can use it. When you click text, the code will be changed to text format. This java program code will be opened in a new pop up window once you click pop-up from the right corner. You can just copy, paste this java code and use it to find the loan payment .

import java.util.*;
import java.lang.*;

class Loan_payment
{  
    public static void main(String args[])
    {
  double inst=0.4, loan_amt=0.56, pay=0.34;   
  double mon = (inst/1200);
  double quarterly = (inst/400);
  double Half = (inst/200);
  double annual = (inst/100);

//Mothly
double ad = 1 + mon;      
double amt,amt_mon,amt2; 
amt_mon = -1*((Math.log( 1 - ((mon * loan_amt) / pay))));
amt2 =(Math.log(ad));
amt = (amt_mon / amt2);
System.out.println("Number of Payments based on monthly : "+amt);

//Quarterly
ad = 1 + quarterly;
double amt_quart;
amt_quart = (( -Math.log( 1 - ((quarterly * loan_amt) / pay))));
amt = (amt_quart / amt2);
System.out.println("Number of Payments based on quarterly : "+amt);

//HalfYearly
ad = 1 + Half;
double amt_half;
amt_half = (( -Math.log( 1 - ((Half * loan_amt) / pay))));
amt = (amt_half / amt2);
System.out.println("Number of Payments based on HalfYearly : "+amt);

//Annually
ad = 1 + annual;
double amt_ann;
amt_ann = (( -Math.log( 1 - ((annual * loan_amt) / pay))));
amt = (amt_ann / amt2);
System.out.println("Number of Payments based on Annually : "+amt);
    }
}
Other Programming Codes
Online Calculator : Loan Payment Calculator
Click on the select code link to copy and paste this free java program code for loan payment calculator.

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