ComplianceTest023

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	1,000.00	0.0000	0.00	0.00
30	417.72	239.4000	239.40	178.32	0.00	821.68	239.4000	239.40	178.32
61	417.72	203.2672	203.26	214.46	0.00	607.22	442.6672	442.66	392.78
91	417.72	145.3685	145.36	272.36	0.00	334.86	588.0357	588.02	665.14
122	417.69	82.8377	82.83	334.86	0.00	0.00	670.8733	670.85	1,000.00

Description

Actuarial-interest loan of $1000 with payments starting after one month and 4 payments in total, for documentation purposes

Generated: see details

Basic Parameters

Evaluation Date	2025-04-22
Start Date	2025-04-22
Principal	1,000.00
Schedule options	config: auto-generate schedule schedule length: payment count 4 unit-period config: monthly from 2025-05 on 22
Payment options	rounding: rounded up level-payment option: lower final payment
Fee options	no fee
Interest options	standard rate: 0.798 % per day method: add-on rounding: rounded down APR method: UK FCA to 1 d.p. cap: total 100 %; daily 0.8 %

Initial Stats

Initial interest balance: 0.00	Initial cost-to-borrowing ratio: 67.09 %	Initial APR: 1257.1 %
Level payment: 417.72	Final payment: 417.69	Last scheduled payment day: 122
Total scheduled payments: 1,670.85	Total principal: 1,000.00	Total interest: 670.85