ActualPaymentTest001
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Net effect |
Payment status |
Balance status |
New charges |
Charges portion |
Actuarial interest |
New interest |
Interest portion |
Principal portion |
Charges balance |
Interest balance |
Principal balance |
Settlement figure |
| 0 |
2022-10-29 |
1,500.00 |
n/a |
0 |
0.00 |
n/a |
0.00 |
none scheduled |
open |
n/a |
0.00 |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.00 |
0.0000 |
1,500.00 |
1,500.00 |
| 32 |
2022-11-30 |
n/a |
original 556.05 |
1 |
556.05 |
confirmed 556.05 |
556.05 |
payment made |
open |
n/a |
0.00 |
384.0000 |
384.0000 |
384.00 |
172.05 |
0.00 |
0.0000 |
1,327.95 |
1,327.95 |
| 63 |
2022-12-31 |
n/a |
original 556.05 |
2 |
556.05 |
confirmed 556.05 |
556.05 |
payment made |
open |
n/a |
0.00 |
329.3316 |
329.3316 |
329.33 |
226.72 |
0.00 |
0.0000 |
1,101.23 |
1,101.23 |
| 94 |
2023-01-31 |
n/a |
original 556.05 |
3 |
556.05 |
confirmed 556.05 |
556.05 |
payment made |
open |
n/a |
0.00 |
273.1050 |
273.1050 |
273.10 |
282.95 |
0.00 |
0.0000 |
818.28 |
818.28 |
| 122 |
2023-02-28 |
n/a |
original 556.05 |
4 |
556.05 |
confirmed 556.05 |
556.05 |
payment made |
open |
n/a |
0.00 |
183.2947 |
183.2947 |
183.29 |
372.76 |
0.00 |
0.0000 |
445.52 |
445.52 |
| ★ 153 |
2023-03-31 |
n/a |
original 556.00 |
5 |
556.00 |
confirmed 556.00 |
556.00 |
payment made |
closed |
n/a |
0.00 |
110.4890 |
110.4890 |
110.48 |
445.52 |
0.00 |
0.0000 |
0.00 |
0.00 |
Key: ★ = evaluation day; ✓ = settlement day
Final Stats
| Generated settlement: n/a |
Final balance status: closed |
| Effective interest rate: 0.5578213508 % per day |
Final cost-to-borrowing ratio: 85.35 % |
| Required scheduled payment count: 5 |
Last required scheduled payment day: 153 |
| Final actual payment count: 5 |
Last actual payment day: 153 |
Description
Standard schedule with month-end payments from 32 days and paid off on time
Generated: see details
Basic Parameters
| Evaluation Date |
2023-03-31 |
| Start Date |
2022-10-29 |
| Principal |
1,500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 5 |
| unit-period config: monthly from 2022-11 on month-end |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.8 % per day |
method: actuarial |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| cap: total 100 %; daily 0.8 % |
|
Advanced Parameters
| Payment options |
| scheduling: as scheduled |
timeout: 3 days |
| minimum: defer or write off up to 0.50 |
|
| Interest options |
| initial grace period: 3 day(s) |
rate on negative balance: zero |
| promotional rates: n/a |
|
| Fee options |
no fee
|
| Charge options |
| Type |
Charge |
Grouping |
Holidays |
| late payment |
10.00 | one charge per day | n/a |
|
| Settlement day | n/a |
| Trim unrequired payments | false |
Initial Schedule
| Day |
Scheduled payment |
Actuarial interest |
Interest portion |
Principal portion |
Interest balance |
Principal balance |
Total actuarial interest |
Total interest |
Total principal |
| 0 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
1,500.00 |
0.0000 |
0.00 |
0.00 |
| 32 |
556.05 |
384.0000 |
384.00 |
172.05 |
0.00 |
1,327.95 |
384.0000 |
384.00 |
172.05 |
| 63 |
556.05 |
329.3316 |
329.33 |
226.72 |
0.00 |
1,101.23 |
713.3316 |
713.33 |
398.77 |
| 94 |
556.05 |
273.1050 |
273.10 |
282.95 |
0.00 |
818.28 |
986.4366 |
986.43 |
681.72 |
| 122 |
556.05 |
183.2947 |
183.29 |
372.76 |
0.00 |
445.52 |
1,169.7314 |
1,169.72 |
1,054.48 |
| 153 |
556.00 |
110.4890 |
110.48 |
445.52 |
0.00 |
0.00 |
1,280.2203 |
1,280.20 |
1,500.00 |
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 85.35 % |
Initial APR: 1256.6 % |
| Level payment: 556.05 |
Final payment: 556.00 |
Last scheduled payment day: 153 |
| Total scheduled payments: 2,780.20 |
Total principal: 1,500.00 |
Total interest: 1,280.20 |
FSharp.Finance.Personal