import java.io.*;
class mortgageproj
{
public static void main (String args [])
throws java.io.IOException
{
BufferedReader br = new BufferedReader (new InputStreamReader (System.in));

int year = 2010;
double mortgage = 120000;
int yearPay = 24000;
double intrest = 10.75;
double payedOff = 0;
double intMortgage = 0;
double newMortgage = 0;

System.out.println ("The Original Mortgage is $" + mortgage);
System.out.println ("The rate of intrest is " + intrest);
System.out.println ("The mortgage was started in " + year);

// This selection checks
if (mortgage >= (payedOff))
{
System.out.println (" ");
System.out.println (year++);
intMortgage = mortgage + intrest;
newMortgage = intMortgage - yearPay;
System.out.print ("After this years payment the mortgage ");
System.out.println ("is equal to $" + newMortgage);
}
else if (mortgage == (payedOff))
{
System.out.println ("The mortgage is paid off!");

}
}
}

When the program is run it doesnt go down to zero it only does the calculations once? would I need to use a loop to make it keep repeating?