Untitled

public class Mortgage {
    public static void main(String[] args)  {
        double myBalance = 200000;
        double myRate = .0575;
        double myTerm = 30;
        double myInterest = 0;
        double myPayment = 0;

        myInterest = myRate / (12 * 100);

        myPayment = myBalance * (myInterest / (1 - (1 + myInterest) * -12 * myTerm));

        System.out.format("Monthly payment is $%.2f%n", myPayment);
        System.out.format("Term of payment is %.0f years. %n", myTerm);

    }
}