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Mortgage calculator sometimes displays -0.00

Hi,
My mortgage calculato seems to me to be working well with one issue. When I use 200000 as the amount and select the first loan radio button, the last payment displays -0.00 rather than 0.00. It does not do this with the same 200000 for the other loans. I don't really want to check the tesxt field for the negative aqnd assign te positive value. Is there a way for me to dictate the value should always be positive?
Any assistance appreciated.
Thanks,
Jon
//Week3 Jan Schab


/* Mortgage Monyhly Payment Calculator with graphical user interface
Programmer:  J.Schab
Date:        June 10,2006
Filename:    Mortgage.java
Purpose:     This project accepts the mortgage amountand allows  the user to select one of 3
pre-determined loans.The program then calculates the monthly mortgage payment and displays
it in currency format. The program then displays the payment number, the monthly principle
paid, the monthly interest paid, and the current loan balance.There is a quit button to
exit the application, and a clear button to clear user entered fields in order to calculate
a new mortgage. The program will also clear the payment field should the user press any key
while positioned in the input textfield for amount.


 */



import javax.swing.*;
import javax.swing.border.*;
import javax.swing.JScrollPane.*;
import java.awt.*;
import java.awt.event.*;
import javax.swing.event.*;
import java.text.NumberFormat;
import java.util.Locale;
import java.text.*;
import java.text.DecimalFormat;



class Mortgage extends JFrame
{


    //Program variables

    double yearlyRate[] =
    {
        // array of interest rates
        5.35, 5.50, 5.75
    };
    int term[] =
    {
        //array of terms
        7, 15, 30
    };
    int termMonths[] =
    {
        //array of terms in months
        84, 180, 360
    };

    int i = 0;

    double loanbalance = 0.00;
    double monthlyPrinciplePaid = 0.00;
    double monthlyInterest = 0.00;
    double loanBalance = 0.00;
    int payment = 0; // payment counter


    private JLabel headerJLabel;

    Border rowborder = new EmptyBorder(3, 10, 3, 10);


    // JLabel and JTextField for the mortgage amount
    private JLabel amountJLabel;
    private JTextField amountJTextField;

    // JLabel for monthly mortgage payment
    private JLabel monthpayJLabel;

    // JTextArea for displaying payment
    private JTextArea outputJTextArea;


    // JButton to initiate calculations
    private JButton calculateJButton;

    // JButton to clear entries
    private JButton clearJButton;

    // JButton to quit
    private JButton quitJButton;

    JPanel radioPanel = new JPanel();
    JRadioButton aButton = new JRadioButton("7 Years at 5.35%", true);
    JRadioButton bButton = new JRadioButton("15 Years at 5.50%", false);
    JRadioButton cButton = new JRadioButton("30 Years at 5.75%", false);

    JTextArea displayArea = new JTextArea(10, 45);
    JScrollPane scroll = new JScrollPane(displayArea);




    // no-argument constructor
    public Mortgage()



    {
        createUserInterface();
    }

    // create and position the GUI components; register event handlers
    private void createUserInterface()
    {
        // get content pane for attaching GUI components
        Container contentPane = getContentPane();

        setTitle("Mortgage Calculator"); // set title bar text


        // set northLabel using borderlayout
        headerJLabel = new JLabel();
        headerJLabel.setBounds(10, 1, 300, 46);
        headerJLabel.setText("Enter a mortgage amount and select a loan");
        contentPane.add(headerJLabel);

        // enable specific positioning of GUI components
        contentPane.setLayout(null);

        // set up amountJLabel
        amountJLabel = new JLabel();
        amountJLabel.setBounds(76, 36, 104, 26);
        amountJLabel.setText("Mortgage amount:");
        contentPane.add(amountJLabel);

        // set up amountJTextField
        amountJTextField = new JTextField();
        amountJTextField.setBounds(200, 36, 56, 26);
        amountJTextField.setHorizontalAlignment(JTextField.RIGHT);
        contentPane.add(amountJTextField);
        amountJTextField.addKeyListener(

        new KeyAdapter() // anonymous inner class
        {
            // event handler for key pressed in amountJTextField
            public void keyPressed(KeyEvent event)
            {
                amountJTextFieldkeyPressed(event);
            }

        } // end anonymous inner class

        ); // end call to addKeyListener


        ButtonGroup bgroup = new ButtonGroup();
        bgroup.add(aButton);
        bgroup.add(bButton);
        bgroup.add(cButton);
        radioPanel.setLayout(new FlowLayout(FlowLayout.LEFT, 4, 4));
        radioPanel.add(aButton);
        radioPanel.add(bButton);
        radioPanel.add(cButton);
        contentPane.add(radioPanel);
        //radioPanel.setMaximumSize( new Dimension( 10000, radioPanel.getMinimumSize().height ) );
        radioPanel.setBorder(rowborder);
        radioPanel.setBounds(90, 56, 195, 95);



        // set up calculateJButton
        calculateJButton = new JButton();
        calculateJButton.setBounds(26, 320, 90, 26);
        calculateJButton.setText("Calculate");
        contentPane.add(calculateJButton);
        calculateJButton.addActionListener(

        new ActionListener() // anonymous inner class
        {
            // event handler called when calculateJButton is pressed
            public void actionPerformed(ActionEvent event)
            {

                calculateJButtonActionPerformed(event);
            }

        } // end anonymous inner class

        ); // end call to addActionListener


        // set up clearJButton
        clearJButton = new JButton();
        clearJButton.setBounds(136, 320, 90, 26);
        clearJButton.setText("Clear");
        contentPane.add(clearJButton);
        clearJButton.addActionListener(

        new ActionListener() // anonymous inner class
        {
            // event handler called when clearJButton is pressed
            public void actionPerformed(ActionEvent event)
            {
                clearJButtonActionPerformed(event);
            }

        } // end anonymous inner class

        ); // end call to addActionListener


        // set up quitJButton
        quitJButton = new JButton();
        quitJButton.setBounds(250, 320, 90, 26);
        quitJButton.setText("Quit");
        contentPane.add(quitJButton);
        quitJButton.addActionListener(

        new ActionListener() // anonymous inner class
        {
            // event handler called when quitJButton is pressed
            public void actionPerformed(ActionEvent event)
            {
                quitJButtonActionPerformed(event);
            }

        } // end anonymous inner class

        ); // end call to addActionListener


        // set up outputJTextArea
        outputJTextArea = new JTextArea();
        contentPane.add(outputJTextArea);
        outputJTextArea.setBounds(200, 146, 56, 26);
        outputJTextArea.setEditable(false);

        //set up monthpayJLabel
        monthpayJLabel = new JLabel();
        monthpayJLabel.setBounds(76, 146, 156, 26);
        monthpayJLabel.setText("Monthly Payment:");
        contentPane.add(monthpayJLabel);

        scroll.setBorder(BorderFactory.createEmptyBorder(10, 10, 10, 10));
        contentPane.add(scroll);
        scroll.setBounds(20, 186, 356, 130);
        setVisible(true);





    } // end method createUserInterface

    // called when user presses key in amountJTextField
    private void amountJTextFieldkeyPressed(KeyEvent event)
    {
        outputJTextArea.setText(""); // clear outputJTextArea
        displayArea.setText(""); // clear DISPLAY AREA
        payment = 0;
    }

    // method called when user clicks calculateJButton
    private void calculateJButtonActionPerformed(ActionEvent event)
    {
        try
        {
            if (aButton.isSelected())
            {
                i = 0;
            }


            if (bButton.isSelected())
            {
                i = 1;
            }


            if (cButton.isSelected())
            {
                i = 2;
            }



            payment = 0;
            outputJTextArea.setText(""); // clear outputJTextArea
            displayArea.setText(""); // clear DISPLAY AREA
            String titles = "Month \t Principal\t Interest\tBalance\n";
            displayArea.setText(titles);
            int monthCount = (term[i] * 12); // Calculate months from years
            int amount = Integer.parseInt(amountJTextField.getText());
            double principle = amount;
            double interestRateMonthly = (yearlyRate[i] / 12) / 100;
            // Calculate monthly interest
            double monthlyPayment; // monthly payment amount variable

            // Calculate monthly payment
            monthlyPayment = (amount * interestRateMonthly) / (1-Math.pow(1
                +interestRateMonthly,  - monthCount));



            DecimalFormat currency = new DecimalFormat("$0.00");
            // Format output
            outputJTextArea.setText(currency.format(monthlyPayment));
            // Output payment amount

            for (int a = 0; a < termMonths[i]; a = a + 1)
            {
                payment++; //increment payment counter
                monthlyInterest = principle * interestRateMonthly;
                monthlyPrinciplePaid = monthlyPayment - monthlyInterest;
                principle = principle - monthlyPrinciplePaid;


                displayArea.append(payment + "\t" + currency.format
                    (monthlyPrinciplePaid) + "\t" + currency.format
                    (monthlyInterest) + "\t" + currency.format(principle) +
                    "\n");
                displayArea.setCaretPosition(0);


            }
        }

        catch (NumberFormatException ex){}
    }





    // method called when user clicks clearJButton
    private void clearJButtonActionPerformed(ActionEvent event)
    {
        try
        {
            outputJTextArea.setText(""); // clear outputJTextArea
            amountJTextField.setText(""); // clear amountJTextField
            displayArea.setText(""); // clear DISPLAY AREA
            payment = 0; // payment counter




        }
        catch (NumberFormatException ex){}
    }





    // method called when user clicks quitJButton
    private void quitJButtonActionPerformed(ActionEvent event)
    {
        try
        {
            System.exit(0);

        }
        catch (NumberFormatException ex){}
    }



    // main method
    public static void main(String[]args)
    {
        Mortgage application = new Mortgage();
        application.setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE);
        application.setSize(400, 400);
        application.setVisible(true);
    } // end method main

} // end class Mortgage

0
ghost8067
Asked:
ghost8067
1 Solution
 
objectsCommented:
try:

currency.format(Math.abs(principle))
0
 
ghost8067Author Commented:
Many thanks. Works like a charm.
Jon
0

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