balance =
annualInterestRate =
monthlyPaymentRate =
total = 0.0

for month in range(1,13):
    payment = monthlyPaymentRate * balance
    total += payment
    interest = (balance - payment) * annualInterestRate / 12
    balance = (balance - payment + interest)
    print 'Month:', month
    print 'Minimum monthly payment:', round(payment,2)
    print 'Remaining balance:', round(balance,2)
print 'Total paid:', round(total, 2)
print 'Remaining balance:', round(balance, 2)