Loan-management-System-Begginers-

*This project was developed using java programming lunguage and however most of the code was written using imperative programming.

Imperative programming is a software development paradigm where functions are implicitly coded in every step required to solve a problem. In imperative programming, every operation is coded and the code itself specifies how the problem is to be solved, which means that pre-coded models are not called on www.techtarget.com.

Piece of Code

private void CalculateLoan() {

    if (this.loan_amount_field.getText().equals("")) {
        JOptionPane.showMessageDialog((Component)null, "Please Enter: Loan Amount", "AmountError", 0);
    } else if (this.interest_field.getText().equals("")) {
        JOptionPane.showMessageDialog((Component)null, "Please Enter Interest Rate ", "InterestError", 0);
    } else if (this.total_payments_field.getText().equals("")) {
        JOptionPane.showMessageDialog((Component)null, "Please Enter No of Payments ", "PaymentsError", 0);
    } else {
        Double Loan_amount = Double.parseDouble(this.loan_amount_field.getText());
        Double interest = Double.parseDouble(this.interest_field.getText());
        Double numberOfPayments = Double.parseDouble(this.total_payments_field.getText());
        Double totalinterest = Loan_amount * interest;
        Double totalAmountPlusInterest = totalinterest * numberOfPayments + Loan_amount;
        Double monthlypayments = totalAmountPlusInterest / numberOfPayments;
        this.monthly_payments_field.setText(monthlypayments.toString());
        
        System.out.println("number of payments" + numberOfPayments);
        System.out.println("amount of interest" + totalinterest * numberOfPayments);
        System.out.println("total payments" + totalAmountPlusInterest);
        System.out.println("monthly payments" + monthlypayments);

}

Database Details

The database used in this project is Maria Db through Xampp

• String username = "root";
• String password = "";
• String databaseUrl = "jdbc:mysql://localhost:3306/loan_info";