ComplianceTest007
| 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 |
2021-12-14 |
500.00 |
n/a |
0 |
0.00 |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
554.0100 |
500.00 |
500.00 |
| 17 |
2021-12-31 |
n/a |
original 263.51 |
1 |
263.51 |
confirmed 263.51 |
263.51 |
payment made |
open |
102.0000 |
0.0000 |
263.51 |
0.00 |
290.5000 |
500.00 |
338.49 |
| 48 |
2022-01-31 |
n/a |
original 263.51 |
2 |
263.51 |
confirmed 263.51 |
263.51 |
payment made |
open |
186.0000 |
0.0000 |
263.51 |
0.00 |
26.9900 |
500.00 |
260.98 |
| 76 |
2022-02-28 |
n/a |
original 263.51 |
3 |
263.51 |
confirmed 263.51 |
263.51 |
payment made |
open |
168.0000 |
0.0000 |
26.99 |
236.52 |
0.0000 |
263.48 |
165.47 |
| 107 |
2022-03-31 |
n/a |
original 263.48 |
4 |
263.48 |
confirmed 263.48 |
263.48 |
payment made |
closed |
98.0146 |
0.0046 |
0.00 |
263.48 |
0.0000 |
0.00 |
0.00 |
| ★ 180 |
2022-06-12 |
n/a |
n/a |
6 |
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: 0.6155666667 % per day |
Final cost-to-borrowing ratio: 110.8 % |
| Required scheduled payment count: 4 |
Last required scheduled payment day: 107 |
| Final actual payment count: 4 |
Last actual payment day: 107 |
Description
Repayments made on time - no interest cap
Generated: see details
Basic Parameters
| Evaluation Date |
2022-06-12 |
| Start Date |
2021-12-14 |
| Principal |
500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2021-12 on month-end |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 1.2 % per day |
method: add-on |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| cap: total n/a; daily n/a |
|
Advanced Parameters
| Payment options |
| scheduling: as scheduled |
timeout: 3 days |
| minimum: defer or write off up to 0.50 |
|
| Interest options |
| initial grace period: 0 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 |
554.01 |
500.00 |
0.0000 |
0.00 |
0.00 |
| 17 |
263.51 |
102.0000 |
263.51 |
0.00 |
290.50 |
500.00 |
102.0000 |
263.51 |
0.00 |
| 48 |
263.51 |
186.0000 |
263.51 |
0.00 |
26.99 |
500.00 |
288.0000 |
527.02 |
0.00 |
| 76 |
263.51 |
168.0000 |
26.99 |
236.52 |
0.00 |
263.48 |
456.0000 |
554.01 |
236.52 |
| 107 |
263.48 |
98.0146 |
0.00 |
263.48 |
0.00 |
0.00 |
554.0146 |
554.01 |
500.00 |
Initial Stats
| Initial interest balance: 554.01 |
Initial cost-to-borrowing ratio: 110.8 % |
Initial APR: 14553.6 % |
| Level payment: 263.51 |
Final payment: 263.48 |
Last scheduled payment day: 107 |
| Total scheduled payments: 1,054.01 |
Total principal: 500.00 |
Total interest: 554.01 |
FSharp.Finance.Personal