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- #include <iostream>
- #include <iomanip>
- #include <cmath>
- #include <cctype>
- #include <string>
- #include <sstream>
- using namespace std;
- int main()
- {
- double a; //This is the amount of the mortgage the user must enter
- double i; //This is the interest rate the user must enter
- int y; //This is the amount of years for the mortgage the user must enter
- double mPayment; //This is a variable for ouputting the payment
- char YesNo = 'Y';
- do //In order to allow the user to be able to re-enter data, we must have a loop
- {
- cout << "What is the amount of the mortgage? For example 200000" << endl;
- cout << "Press enter." << endl;
- cin >> a;
- cout << endl;
- cout << "What is the amount of years the mortgage will be financed? For example 30" << endl;
- cout << "Press enter." << endl;
- cin >> y;
- cout << endl;
- cout << "What is the interest rate? For example 5.75" << endl;
- cout << "Press enter." << endl;
- cin >> i;
- cout << endl;
- //These are the variables required to calculate the information the user inputs
- double monInterest = i / 12 / 100; //Calcualtes the interest monthly
- int t = y * 12; //This is the loan term in the amount of months
- //This is the actual formula for calculating the mortgage payment amount
- mPayment = (a * monInterest) / (1-pow((1+monInterest),-t));
- //This allows the user to view what they entered and also what the monthly payment would be
- cout << "Amount of mortgage = $" << a << endl;
- cout << "Year financed = " << i << "%" << endl;
- cout << "Interest Rate = " << y << " years" << endl;
- cout << endl;
- cout << "Monthly Payment Amount = $" << mPayment << endl;
- cout << endl;
- //This allows the user to either enter in new information, or exit the program
- cout << "If you would like to enter different information, please press Yes." << endl;
- cout << "If you would like to exit this program, please press No." << endl;
- cout << endl;
- cin >> YesNo;
- }
- while ((YesNo == 'Y') || (YesNo == 'y')); //End of the loop
- return 0;
- }