Java Mortgage Calculator
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Please note that the project in zip file is a complete Netbeans (version 6.5) project. From Netbeans it can be opened using Open Project menu. This project may not be opened by other Java environments.
Write the program in Java (with a graphical user interface) and have it calculate and display the mortgage payment amount from user input of the amount of the mortgage and the user's selection from a menu of available mortgage loans:
- 7 years at 5.35%
- 15 years at 5.5%
- 30 years at 5.75%
Use an array for the mortgage data for the different loans. Read the interest rates to fill the array from a sequential file. Display the mortgage payment amount followed by the loan balance and interest paid for each payment over the term of the loan. Add graphics in the form of a chart. Allow the user to loop back and enter a new amount and make a new selection or quit. Please insert comments in the program to document the program.
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Solution Summary
A Java Mortgage Calculator. A complete Netbeans (version 6.5) project is provided. Program reads interest rates from a data file.
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Attached is the whole Netbeans project called MortgageJava. The files you are interested in are Mortgage.java ...
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