ActualPaymentTestExtra009
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Generated payment |
Net effect |
Payment status |
Balance status |
Actuarial interest |
New interest |
Interest portion |
Principal portion |
Interest balance |
Principal balance |
Settlement figure |
| 0 |
2023-08-29 |
250.00 |
n/a |
0 |
0.00 |
n/a |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
191.1700 |
250.00 |
250.00 |
| 25 |
2023-09-23 |
n/a |
original 110.30 |
1 |
110.30 |
confirmed 120.50 |
n/a |
120.50 |
overpayment |
open |
50.0000 |
0.0000 |
120.50 |
0.00 |
70.6700 |
250.00 |
179.50 |
| 55 |
2023-10-23 |
n/a |
original 110.30 |
2 |
100.10 |
confirmed 120.50 |
n/a |
120.50 |
overpayment |
open |
60.0000 |
0.0000 |
70.67 |
49.83 |
0.0000 |
200.17 |
119.00 |
| 86 |
2023-11-23 |
n/a |
original 110.30 |
3 |
89.90 |
confirmed 120.50 |
n/a |
120.50 |
overpayment |
open |
49.6422 |
0.0000 |
0.00 |
120.50 |
0.0000 |
79.67 |
48.14 |
| 116 |
2023-12-23 |
n/a |
original 110.27 |
4 |
79.67 |
confirmed 120.50 |
n/a |
120.50 |
overpayment |
refund due |
19.1208 |
-12.4070 |
-12.41 |
132.91 |
0.0000 |
-53.24 |
-53.24 |
| 388 |
2024-09-20 |
n/a |
n/a |
12 |
0.00 |
confirmed -0.63
confirmed -56.42 |
n/a |
-57.05 |
refunded |
over-refunded |
-3.1740 |
-3.1740 |
-3.18 |
-53.87 |
0.0000 |
0.63 |
0.63 |
| ✓ 643 |
2025-06-02 |
n/a |
n/a |
21 |
0.00 |
n/a |
0.63 |
0.63 |
generated |
closed |
0.0000 |
0.0000 |
0.00 |
0.63 |
0.0000 |
0.00 |
0.00 |
Key: ★ = evaluation day; ✓ = settlement day
Final Stats
| Generated settlement: 0.63 on day 643 |
Final balance status: closed |
| Effective interest rate: 0.1092255054 % per day |
Final cost-to-borrowing ratio: 70.23 % |
| Required scheduled payment count: 4 |
Last required scheduled payment day: 116 |
| Final actual payment count: 6 |
Last actual payment day: 388 |
Description
Over-refund should not lead to large final interest adjustment; 00224840cd8a
Generated: see details
Basic Parameters
| Evaluation Date |
2025-06-02 |
| Start Date |
2023-08-29 |
| Principal |
250.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2023-09 on 23 |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.8 % per day |
method: add-on |
| 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: 0 days |
| minimum: no minimum payment |
|
| Interest options |
| initial grace period: 0 day(s) |
rate on negative balance: 8 % per year |
| promotional rates: n/a |
|
| Fee options |
no fee
|
| Charge options |
no charges
|
| Settlement day | on evaluation day |
| 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 |
191.17 |
250.00 |
0.0000 |
0.00 |
0.00 |
| 25 |
110.30 |
50.0000 |
110.30 |
0.00 |
80.87 |
250.00 |
50.0000 |
110.30 |
0.00 |
| 55 |
110.30 |
60.0000 |
80.87 |
29.43 |
0.00 |
220.57 |
110.0000 |
191.17 |
29.43 |
| 86 |
110.30 |
54.7014 |
0.00 |
110.30 |
0.00 |
110.27 |
164.7014 |
191.17 |
139.73 |
| 116 |
110.27 |
26.4648 |
0.00 |
110.27 |
0.00 |
0.00 |
191.1662 |
191.17 |
250.00 |
Initial Stats
| Initial interest balance: 191.17 |
Initial cost-to-borrowing ratio: 76.47 % |
Initial APR: 2264.3 % |
| Level payment: 110.30 |
Final payment: 110.27 |
Last scheduled payment day: 116 |
| Total scheduled payments: 441.17 |
Total principal: 250.00 |
Total interest: 191.17 |
FSharp.Finance.Personal