InterestFirstTest021
| 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 |
2023-01-14 |
100.00 |
n/a |
0 |
0.00 |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
69.6100 |
100.00 |
100.00 |
| 20 |
2023-02-03 |
n/a |
original 42.40 |
1 |
42.40 |
confirmed 116.00 |
116.00 |
overpayment |
closed |
16.0000 |
-53.6100 |
16.00 |
100.00 |
0.0000 |
0.00 |
0.00 |
| 48 |
2023-03-03 |
n/a |
original 42.40 |
2 |
0.00 |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| 79 |
2023-04-03 |
n/a |
original 42.40 |
3 |
0.00 |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| 109 |
2023-05-03 |
n/a |
original 42.40 |
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 |
| ★ 612 |
2024-09-17 |
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: 0.02614379085 % per day |
Final cost-to-borrowing ratio: 16 % |
| Required scheduled payment count: 1 |
Last required scheduled payment day: 20 |
| Final actual payment count: 1 |
Last actual payment day: 20 |
Description
Realistic test 6045bd123363
Generated: see details
Basic Parameters
| Evaluation Date |
2024-09-17 |
| Start Date |
2023-01-14 |
| Principal |
100.00 |
| Schedule options |
| config: fixed schedules |
| unit-period config: monthly from 2023-02 on 03 |
payment count: 4 |
| payment value: 42.40 |
schedule type: original |
|
|
| 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: 0 day(s) |
rate on negative balance: 8 % per year |
| 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 |
69.61 |
100.00 |
0.0000 |
0.00 |
0.00 |
| 20 |
42.40 |
16.0000 |
42.40 |
0.00 |
27.21 |
100.00 |
16.0000 |
42.40 |
0.00 |
| 48 |
42.40 |
22.4000 |
27.21 |
15.19 |
0.00 |
84.81 |
38.4000 |
69.61 |
15.19 |
| 79 |
42.40 |
21.0329 |
0.00 |
42.40 |
0.00 |
42.41 |
59.4329 |
69.61 |
57.59 |
| 109 |
42.40 |
10.1784 |
0.00 |
42.40 |
0.00 |
0.01 |
69.6113 |
69.61 |
99.99 |
Initial Stats
| Initial interest balance: 69.61 |
Initial cost-to-borrowing ratio: 69.62 % |
Initial APR: 2511.2 % |
| Level payment: 42.40 |
Final payment: 42.40 |
Last scheduled payment day: 109 |
| Total scheduled payments: 169.60 |
Total principal: 99.99 |
Total interest: 69.61 |
FSharp.Finance.Personal