ActualPaymentTest007
| 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 |
2024-08-06 |
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 |
| 14 |
2024-08-20 |
n/a |
original 243.86 |
1 |
243.86 |
confirmed 243.86 |
243.86 |
payment made |
open |
n/a |
0.00 |
168.0000 |
168.0000 |
168.00 |
75.86 |
0.00 |
0.0000 |
1,424.14 |
1,424.14 |
| 28 |
2024-09-03 |
n/a |
original 243.86 |
2 |
243.86 |
confirmed 243.86 |
243.86 |
payment made |
open |
n/a |
0.00 |
159.5037 |
159.5037 |
159.50 |
84.36 |
0.00 |
0.0000 |
1,339.78 |
1,339.78 |
| 42 |
2024-09-17 |
n/a |
original 243.86 |
3 |
243.86 |
confirmed 243.86 |
243.86 |
payment made |
open |
n/a |
0.00 |
150.0554 |
150.0554 |
150.05 |
93.81 |
0.00 |
0.0000 |
1,245.97 |
1,245.97 |
| ★ 56 |
2024-10-01 |
n/a |
original 243.86 |
4 |
243.86 |
n/a |
243.86 |
payment due |
open |
n/a |
0.00 |
139.5486 |
139.5486 |
139.54 |
104.32 |
0.00 |
0.0000 |
1,141.65 |
1,141.65 |
| 70 |
2024-10-15 |
n/a |
original 243.86 |
5 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
127.8648 |
127.8648 |
127.86 |
116.00 |
0.00 |
0.0000 |
1,025.65 |
1,025.65 |
| 84 |
2024-10-29 |
n/a |
original 243.86 |
6 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
114.8728 |
114.8728 |
114.87 |
128.99 |
0.00 |
0.0000 |
896.66 |
896.66 |
| 98 |
2024-11-12 |
n/a |
original 243.86 |
7 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
100.4259 |
100.4259 |
100.42 |
143.44 |
0.00 |
0.0000 |
753.22 |
753.22 |
| 112 |
2024-11-26 |
n/a |
original 243.86 |
8 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
84.3606 |
84.3606 |
84.36 |
159.50 |
0.00 |
0.0000 |
593.72 |
593.72 |
| 126 |
2024-12-10 |
n/a |
original 243.86 |
9 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
66.4966 |
66.4966 |
66.49 |
177.37 |
0.00 |
0.0000 |
416.35 |
416.35 |
| 140 |
2024-12-24 |
n/a |
original 243.86 |
10 |
243.86 |
n/a |
243.86 |
not yet due |
open |
n/a |
0.00 |
46.6312 |
46.6312 |
46.63 |
197.23 |
0.00 |
0.0000 |
219.12 |
219.12 |
| 154 |
2025-01-07 |
n/a |
original 243.66 |
11 |
243.66 |
n/a |
243.66 |
not yet due |
closed |
n/a |
0.00 |
24.5414 |
24.5414 |
24.54 |
219.12 |
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: 0.5118008658 % per day |
Final cost-to-borrowing ratio: 78.82 % |
| Required scheduled payment count: 11 |
Last required scheduled payment day: 154 |
| Final actual payment count: 3 |
Last actual payment day: 42 |
Description
Check that charge for late payment is not applied on scheduled payment date when payment has not yet been made
Generated: see details
Basic Parameters
| Evaluation Date |
2024-10-01 |
| Start Date |
2024-08-06 |
| Principal |
1,500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 11 |
| unit-period config: 2-weekly from 2024-08-20 |
|
| 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 |
| 14 |
243.86 |
168.0000 |
168.00 |
75.86 |
0.00 |
1,424.14 |
168.0000 |
168.00 |
75.86 |
| 28 |
243.86 |
159.5037 |
159.50 |
84.36 |
0.00 |
1,339.78 |
327.5037 |
327.50 |
160.22 |
| 42 |
243.86 |
150.0554 |
150.05 |
93.81 |
0.00 |
1,245.97 |
477.5590 |
477.55 |
254.03 |
| 56 |
243.86 |
139.5486 |
139.54 |
104.32 |
0.00 |
1,141.65 |
617.1077 |
617.09 |
358.35 |
| 70 |
243.86 |
127.8648 |
127.86 |
116.00 |
0.00 |
1,025.65 |
744.9725 |
744.95 |
474.35 |
| 84 |
243.86 |
114.8728 |
114.87 |
128.99 |
0.00 |
896.66 |
859.8453 |
859.82 |
603.34 |
| 98 |
243.86 |
100.4259 |
100.42 |
143.44 |
0.00 |
753.22 |
960.2712 |
960.24 |
746.78 |
| 112 |
243.86 |
84.3606 |
84.36 |
159.50 |
0.00 |
593.72 |
1,044.6318 |
1,044.60 |
906.28 |
| 126 |
243.86 |
66.4966 |
66.49 |
177.37 |
0.00 |
416.35 |
1,111.1285 |
1,111.09 |
1,083.65 |
| 140 |
243.86 |
46.6312 |
46.63 |
197.23 |
0.00 |
219.12 |
1,157.7597 |
1,157.72 |
1,280.88 |
| 154 |
243.66 |
24.5414 |
24.54 |
219.12 |
0.00 |
0.00 |
1,182.3011 |
1,182.26 |
1,500.00 |
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 78.82 % |
Initial APR: 1492.1 % |
| Level payment: 243.86 |
Final payment: 243.66 |
Last scheduled payment day: 154 |
| Total scheduled payments: 2,682.26 |
Total principal: 1,500.00 |
Total interest: 1,182.26 |
FSharp.Finance.Personal