ChargesTest002
| 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 |
2022-11-26 |
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 |
| 4 |
2022-11-30 |
n/a |
original 456.88 |
1 |
456.88 |
confirmed 456.88 |
456.88 |
payment made |
open |
n/a |
0.00 |
48.0000 |
48.0000 |
48.00 |
408.88 |
0.00 |
0.0000 |
1,091.12 |
1,091.12 |
| 35 |
2022-12-31 |
n/a |
original 456.88 |
2 |
456.88 |
456.88 failed (insufficient funds) |
0.00 |
paid later in full |
open |
late payment 10.00
insufficient funds 10.00 |
0.00 |
270.5978 |
270.5978 |
0.00 |
0.00 |
20.00 |
270.5978 |
1,091.12 |
1,381.71 |
| 36 |
2023-01-01 |
n/a |
n/a |
2 |
0.00 |
456.88 failed (insufficient funds) |
0.00 |
nothing due |
open |
n/a |
0.00 |
8.7290 |
8.7290 |
0.00 |
0.00 |
20.00 |
279.3267 |
1,091.12 |
1,390.44 |
| 40 |
2023-01-05 |
n/a |
n/a |
2 |
0.00 |
confirmed 456.88 |
456.88 |
extra payment |
open |
n/a |
20.00 |
34.9158 |
34.9158 |
314.24 |
122.64 |
0.00 |
0.0000 |
968.48 |
968.48 |
| 66 |
2023-01-31 |
n/a |
original 456.88 |
3 |
456.88 |
456.88 failed (insufficient funds)
456.88 failed (insufficient funds) |
0.00 |
paid later owing 0.04 |
open |
late payment 10.00
insufficient funds 10.00
insufficient funds 10.00 |
0.00 |
201.4438 |
201.4438 |
0.00 |
0.00 |
30.00 |
201.4438 |
968.48 |
1,199.92 |
| 70 |
2023-02-04 |
n/a |
n/a |
3 |
0.00 |
confirmed 456.84 |
456.84 |
extra payment |
open |
n/a |
30.00 |
30.9914 |
30.9914 |
232.43 |
194.41 |
0.00 |
0.0000 |
774.07 |
774.07 |
| 94 |
2023-02-28 |
n/a |
original 456.88 |
4 |
456.88 |
confirmed 456.88 |
456.88 |
payment made |
open |
n/a |
0.00 |
148.6214 |
148.6214 |
148.62 |
308.26 |
0.00 |
0.0000 |
465.81 |
465.81 |
| ★ 125 |
2023-03-31 |
n/a |
original 456.84 |
5 |
456.84 |
confirmed 456.84 |
456.84 |
payment made |
open |
n/a |
0.00 |
115.5209 |
115.5209 |
115.52 |
341.32 |
0.00 |
0.0000 |
124.49 |
124.49 |
Key: ★ = evaluation day; ✓ = settlement day
Final Stats
| Generated settlement: n/a |
Final balance status: open |
| Effective interest rate: 0.4994860088 % per day |
Final cost-to-borrowing ratio: 66.07 % |
| Required scheduled payment count: 5 |
Last required scheduled payment day: 125 |
| Final actual payment count: 9 |
Last actual payment day: 125 |
Description
All charges applied
Generated: see details
Basic Parameters
| Evaluation Date |
2023-03-31 |
| Start Date |
2022-11-26 |
| 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 | all charges applied | n/a |
| insufficient funds |
10.00 | all charges applied | 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 |
| 4 |
456.88 |
48.0000 |
48.00 |
408.88 |
0.00 |
1,091.12 |
48.0000 |
48.00 |
408.88 |
| 35 |
456.88 |
270.5978 |
270.59 |
186.29 |
0.00 |
904.83 |
318.5978 |
318.59 |
595.17 |
| 66 |
456.88 |
224.3978 |
224.39 |
232.49 |
0.00 |
672.34 |
542.9956 |
542.98 |
827.66 |
| 94 |
456.88 |
150.6042 |
150.60 |
306.28 |
0.00 |
366.06 |
693.5998 |
693.58 |
1,133.94 |
| 125 |
456.84 |
90.7829 |
90.78 |
366.06 |
0.00 |
0.00 |
784.3826 |
784.36 |
1,500.00 |
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 52.29 % |
Initial APR: 1291.3 % |
| Level payment: 456.88 |
Final payment: 456.84 |
Last scheduled payment day: 125 |
| Total scheduled payments: 2,284.36 |
Total principal: 1,500.00 |
Total interest: 784.36 |
FSharp.Finance.Personal