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mortgage calculator

Posted on 2006-07-17
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Last Modified: 2010-03-31
i cant make this prog compile i have one error.

import java.math.*;
import java.text.*;
import java.util.*;


public class mortgage {

 static NumberFormat n = NumberFormat.getCurrencyInstance();

    static int yterm = 30;            // Variable for length of term in years
    static double price = 200000;    // Variable for total amount of mortgage
    static double rate = 5.75;        // Variable for interest rate
    static double mrate = rate/100;
    static double payment = price*((mrate)/(12)+((mrate)/(12))/(Math.pow((1+(mrate)/12),(yterm*12))-1));


  public static void main(String[] args) throws Exception{



    int term = 360;
    double interestDue, amtApplied;

   while (term > 0) {
      if(term == 300)
     break;
        interestDue = (price * (rate/100)) / 12;
        amtApplied = payment - interestDue;
        price = price - amtApplied;



System.out.println("Payment # "  + term
            + "  Principle=" + n.format(amtApplied)
            + "  Interest=" + n.format(interestDue)
            + "  Balance=" + n.format(price));
        --term;
    return --term;
 }


   while (term > 0) {
      if(term == 240)
     break;
        interestDue = (price * (rate/100)) / 12;
        amtApplied = payment - interestDue;
        price = price - amtApplied;



System.out.println("Payment # "  + term
            + "  Principle=" + n.format(amtApplied)
            + "  Interest=" + n.format(interestDue)
            + "  Balance=" + n.format(price));
        --term;
   return --term;

reach end of file while parsing return --term:    
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Question by:mannyfresco
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5 Comments
 
LVL 23

Expert Comment

by:Ajay-Singh
ID: 17127500
You can missing closing brackets "}}" after "return --term;".

Even if you put that you will get another error, as you are returning int from a function that doesn't return anything.
consider breaking this function into parts.
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LVL 30

Expert Comment

by:Mayank S
ID: 17128437
You'll probably need another } to close the last while loop too.
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LVL 10

Expert Comment

by:mukundha_expert
ID: 17128759
you need "}}}" after the last  >>return --term,
remove both the return statement,





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Author Comment

by:mannyfresco
ID: 17138042
thanks now i have to make this mortgage calculator amortize.
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LVL 10

Accepted Solution

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mukundha_expert earned 500 total points
ID: 17138060
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