Carloan

/* a program that calculates a monthly payment (carloan) */

public class CarLoan {
    public static void main(String[] args) {

    int carLoan = 10000;
  int loanLenght = 3; // 3 years
  int interestRate = 5; // interest rate 5%
  int downPayment = 2000; //DP by a user for this car purchase
   if (loanLenght <= 0 || interestRate <= 0) {
     System.out.println("Error! You must take out a valid car loan.");
   }
    else if (downPayment >= carLoan){
      System.out.println("The car can be paid in full.");
    }
    else {
      int remainingBalance = carLoan - downPayment;
      int months = loanLenght * 12;
      int monthlyBalance = remainingBalance / months;
      int interest = monthlyBalance * interestRate / 100;
      int monthlyPayment = monthlyBalance + interest;

System.out.println(monthlyPayment);
    }


    }
}