- 7 years at 5.35%
- 15 years at 5.5%
- 30 years at 5.75%
Use an array for the different loans. Display the mortgage payment amount. Then, list the loan balance and interest paid for each payment over the term of the loan. Allow the user to loop back and enter new data or quit. Insert comments to document the program.© BrainMass Inc. brainmass.com October 10, 2019, 2:30 am ad1c9bdddf
The VB.NET program for mortgage calculation is included. It contains neat UI appearance and a field on the form to enter Loan amount and a drop down to select the terms of the mortgage. The program calculates monthly payment and lists payment details for each payment over the term of the loan in a grid.