3 mortgage loan calculator

[phjones]

please help resolve some error messages code is compling with errors
see below the code. I am new at this please help!

/**
* @(#)3 Mortgage loans.java
*
* 3 Mortgage loans application
*
* Phyllis J Jones
* Purpose to write a program in Java without a graphical user interface and have
it calculate the payment amount for 3 mortgage loans.
*/
import java.math.*;//*loan calculator
import java.text.*;//*formats numbers
public class MortgageLoans {



// declare class variable array
double mortgage calculator1[];
double mortgage calculator2[];
double mortgage calculator3[];
//construct the array
mortgage calculator1 = new double[6];
mortgage calculator2 = new double[6];
mortgage calculator3 = new double[6];


double loan = 200000
double term1 =360//*360 month for 30 year mortgage
double interRate1 = 0.0575; //*5.75% 5.75/100interest rate 30year mortgage
double monthlyRate1 = (interestRate1/12)
double term2 = 84//*7year mortgage loan
double interestRate2 = 0.0535;//*5.35 5.35/100 interest rate 7 year mortgage
double monthlyRate2 = (interestRate2/12);//*rate calculation on 7 year mortgage loan
double term3 = 180 // 15 year mortgage
double interestRate3 = 0.0550;//*5.5 5.5/100 interest rate on 15 year mortgage
double monthlyRate3 = (interestRate3/12);//* monthlyRate for 15 year mortgage

//Discount factr calculator for the three loans
double discountFactor1 = (Math.pow ((1 + monthlyRate1),
term1)-1/(monthlyRate1 * Math.pow((1 + monthlyRate1),term1));

double discountFactor2 = (Math.pow((1 + monthlyRate2),term2)-1/
(monthlyRate2* Math.pow((1 + monthlyRate2),term2));

double discountFactor3 = (Math.pow((1 + monthlyRate3), term3) - 1)/
(monthlyRate3 * Math.pow((1 + monthlyRate3), term3));

double payment1 = loan/discountFactor1; //*Rate Calcualtion for 30 yearn mortgage
double payment2 = loan/discountFactor2; //*Rate Calculaion for 7 year morgage
double payment3 = loan/discountFactor3; //*Rate Clculation for 15 year mortgage



//loop While not done
while(loan > 0)
{

java.text.DecimalFormat dfm = new java.text.DecimalFormat(",###.00");
System.out.println("Your monthly payment is $" + dfm.format(payment)+ "cemts");
// loop while done
if(loan>0)
{
double payment1 = loan/discountFactor1;//*Rate Calculation
double payment2 = loan/discountFactor2;//*Rate Calculation
double payment3 = loan/duiscountFactor3;//*Rate Calculation
}
else
payment1 = payment/discountFactor1;//Rate Calculation
payment2 = payment/discountFactor2;//Rate Calcuklation
payment3 = payment/discountfactor3;//Rate Calculation
}
//Output

}

}

[horace1]

fixed a few errors - what is now missing is the variable payment

/**
* @(#)3 Mortgage loans.java
*
* 3 Mortgage loans application
*
* Phyllis J Jones
* Purpose to write a program in Java without a graphical user interface and have
it calculate the payment amount for 3 mortgage loans.
*/
import java.math.*;//*loan calculator
import java.text.*;//*formats numbers
public class MortgageLoans {
 
public static void main(String args[])  // ** added
{
 
 
// declare class variable array
double mortgageCalculator1[] = new double[6];  // ** new added ;
double mortgageCalculator2[] = new double[6];
double mortgageCalculator3[] = new double[6];
//construct the array
//mortgageCalculator1 = new double[6];
//mortgageCalculator2 = new double[6];
//mortgageCalculator3 = new double[6];
 
 
double loan = 200000;  // ** add ;
double term1 =360;//*360 month for 30 year mortgage
double interestRate1 = 0.0575; //*5.75% 5.75/100interest rate 30year mortgage
double monthlyRate1 = (interestRate1/12); // ** ; added
double term2 = 84;//*7year mortgage loan
double interestRate2 = 0.0535;//*5.35 5.35/100 interest rate 7 year mortgage
double monthlyRate2 = (interestRate2/12);//*rate calculation on 7 year mortgage loan
double term3 = 180; // 15 year mortgage
double interestRate3 = 0.0550;//*5.5 5.5/100 interest rate on 15 year mortgage
double monthlyRate3 = (interestRate3/12);//* monthlyRate for 15 year mortgage
 
//Discount factr calculator for the three loans
double discountFactor1 = (Math.pow ((1 + monthlyRate1),term1)-1/(monthlyRate1 * Math.pow((1 + monthlyRate1),term1))); // ** added )
 
double discountFactor2 = (Math.pow((1 + monthlyRate2),term2)-1/(monthlyRate2* Math.pow((1 + monthlyRate2),term2))); // ** added )
 
double discountFactor3 = (Math.pow((1 + monthlyRate3), term3) - 1)/(monthlyRate3 * Math.pow((1 + monthlyRate3), term3));
 
double payment1 = loan/discountFactor1; //*Rate Calcualtion for 30 yearn mortgage
double payment2 = loan/discountFactor2; //*Rate Calculaion for 7 year morgage
double payment3 = loan/discountFactor3; //*Rate Clculation for 15 year mortgage
 
 
//loop While not done
while(loan > 0)
{
 
java.text.DecimalFormat dfm = new java.text.DecimalFormat(",###.00");
System.out.println("Your monthly payment is $" + dfm.format(payment)+ "cemts");
// loop while done
if(loan>0)
{
payment1 = loan/discountFactor1;//*Rate Calculation
payment2 = loan/discountFactor2;//*Rate Calculation
payment3 = loan/discountFactor3;//*Rate Calculation
}
else
payment1 = payment/discountFactor1;//Rate Calculation
payment2 = payment/discountFactor2;//Rate Calcuklation
payment3 = payment/discountFactor3;//Rate Calculation
}
//Output
 
}
 
}