1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | totalpaid = 0
month = 1
while (month<=12):
monthlyInterestRate = annualInterestRate / 12
minpay = monthlyPaymentRate*balance
newbalance = (balance - minpay) * (1 + monthlyInterestRate)
print ('Month: ' + str(month))
print ('Minimum monthly payment: ' + str(round(minpay,2)))
print ('Remaining balance: ' + str(round(newbalance,2)))
balance = newbalance
month += 1
totalpaid += round(minpay,2)
print ('Total paid: ' + str(totalpaid))
print ('Remaining balance: ' + str(round(newbalance,2)))
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