/*
 * Loan.java
 *
 * Created on March 1, 2007, 5:46 PM
 *
 * To change this template, choose Tools | Template Manager
 * and open the template in the editor.
 */

package lab05;
import java.text.*;
/**
 *
 * @author bowenss26
 */
public class Loan {
        private String borrowerName;
        private int loanId;
        private double downpayment;
        private double propertyCost;
        private int numberOfYears;
        private double annualInterestRate;
        private DecimalFormat prec2 = new DecimalFormat("$#.00");
        
        public constructor(nam, id, propCost, downPay, numYears) {
         
        }
        
        public getBorrowerName(){
            
        }
        
        public getLoanId(){
            
        }
        
        public getDownPayment(){
            
        }
        
        public getPropertyCost(){
            
        }
        
        public getNumberOfYears(){
            
        }
        
        public getAnnualInterestRate(){
            
        }
    
    /** Creates a new instance of Loan */
    public Loan(borrowerName, loanId, propCost, downPayment, numberOfYears) {
        
    }
    
    public double calculateMonthlyPayment() {
        double result  = 0;
        
        result = loanId * (annualInterestRate/1200) / (1 - 1 / Math.pow
                (1 + (annualInterestRate/1200), numberOfYears * 12));
        return result;
    }
    
    public String toString() {
        
    }
    
}