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Java Mortgage Calculator

//Mortgage ver. 1.3

//8-26-08

//Have to import the IO Class

import java.io.IOException;

public class Mortgage
{

//This area lets the user press Enter to continue

public static void waitForEnter()
{
try
{
int ch;
while((ch = System.in.read()) != -1 && ch != '\r')
{
;
}
} catch (IOException ex)
{
}
}

public static void main(String[] args)

{

//Define Array Variables

int [] NumberOfPayments = {84, 180, 360}; //Length of Mortgage in Months
int [] NumberOfYears = {7, 15, 30}; //Length of Mortgage in Years
double [] AnnualInterestRate = {.0535, .055, .0575}; //Annual Interest Rate

//Define Other Variables

double PrincipleBalance = 200000; //$200,000 Principle Balance of Mortgage
double DiscountFactor;
double MonthlyInterestRate;
double MonthlyPayment;
double NewPrincipleBalance = PrincipleBalance; //Loan Balance During Amortization

//Array Loop

int LoanMe;
for (LoanMe = 0; LoanMe