ComplianceTest001
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Net effect |
Payment status |
Balance status |
Actuarial interest |
New interest |
Interest portion |
Principal portion |
Interest balance |
Principal balance |
Settlement figure |
| 0 |
2023-11-06 |
1,000.00 |
n/a |
0 |
0.00 |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
805.8100 |
1,000.00 |
1,000.00 |
| 31 |
2023-12-07 |
n/a |
original 451.46 |
1 |
451.46 |
confirmed 451.46 |
451.46 |
payment made |
open |
248.0000 |
0.0000 |
451.46 |
0.00 |
354.3500 |
1,000.00 |
796.54 |
| 61 |
2024-01-06 |
n/a |
original 451.46 |
2 |
451.46 |
confirmed 451.46 |
451.46 |
payment made |
open |
240.0000 |
0.0000 |
354.35 |
97.11 |
0.0000 |
902.89 |
585.08 |
| 81 |
2024-01-26 |
n/a |
n/a |
2 |
0.00 |
confirmed 451.46 |
451.46 |
extra payment |
open |
144.4624 |
0.0000 |
0.00 |
451.46 |
0.0000 |
451.43 |
278.08 |
| 90 |
2024-02-04 |
n/a |
original 451.46 |
3 |
0.00 |
n/a |
0.00 |
nothing due |
open |
32.5030 |
0.0000 |
0.00 |
0.00 |
0.0000 |
451.43 |
310.58 |
| 101 |
2024-02-15 |
n/a |
n/a |
3 |
0.00 |
confirmed 350.31 |
350.31 |
extra payment |
closed |
39.7258 |
-101.1188 |
-101.12 |
451.43 |
0.0000 |
0.00 |
0.00 |
| 120 |
2024-03-05 |
n/a |
original 451.43 |
4 |
0.00 |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| ★ 180 |
2024-05-04 |
n/a |
n/a |
4 |
0.00 |
n/a |
0.00 |
information only |
closed |
0.0000 |
0.0000 |
0.00 |
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: 0.3914944444 % per day |
Final cost-to-borrowing ratio: 70.47 % |
| Required scheduled payment count: 3 |
Last required scheduled payment day: 90 |
| Final actual payment count: 4 |
Last actual payment day: 101 |
Description
Repayments made early
Generated: see details
Basic Parameters
| Evaluation Date |
2024-05-04 |
| Start Date |
2023-11-06 |
| Principal |
1,000.00 |
| Schedule options |
| config: custom schedule |
| day: 31 |
scheduled payment: original 451.46 |
| day: 61 |
scheduled payment: original 451.46 |
| day: 90 |
scheduled payment: original 451.46 |
| day: 120 |
scheduled payment: original 451.43 |
|
| 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: 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 |
no charges
|
| 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 |
805.81 |
1,000.00 |
0.0000 |
0.00 |
0.00 |
| 31 |
451.46 |
248.0000 |
451.46 |
0.00 |
354.35 |
1,000.00 |
248.0000 |
451.46 |
0.00 |
| 61 |
451.46 |
240.0000 |
354.35 |
97.11 |
0.00 |
902.89 |
488.0000 |
805.81 |
97.11 |
| 90 |
451.46 |
209.4705 |
0.00 |
451.46 |
0.00 |
451.43 |
697.4705 |
805.81 |
548.57 |
| 120 |
451.43 |
108.3432 |
0.00 |
451.43 |
0.00 |
0.00 |
805.8137 |
805.81 |
1,000.00 |
Initial Stats
| Initial interest balance: 805.81 |
Initial cost-to-borrowing ratio: 80.58 % |
Initial APR: 1988.9 % |
| Level payment: 451.46 |
Final payment: 451.43 |
Last scheduled payment day: 120 |
| Total scheduled payments: 1,805.81 |
Total principal: 1,000.00 |
Total interest: 805.81 |
FSharp.Finance.Personal