InterestFirstTests014
| 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 |
2023-06-07 |
200.00 |
n/a |
0 |
0.00 |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
110.5500 |
200.00 |
200.00 |
| 3 |
2023-06-10 |
n/a |
original 77.64 |
1 |
77.64 |
n/a |
0.00 |
missed payment |
open |
4.8000 |
0.0000 |
0.00 |
0.00 |
110.5500 |
200.00 |
204.80 |
| 33 |
2023-07-10 |
n/a |
original 77.64 |
2 |
77.64 |
n/a |
0.00 |
paid later in full |
open |
48.0000 |
0.0000 |
0.00 |
0.00 |
110.5500 |
200.00 |
252.80 |
| 39 |
2023-07-16 |
n/a |
n/a |
2 |
0.00 |
confirmed 88.00 |
88.00 |
extra payment |
open |
9.6000 |
0.0000 |
88.00 |
0.00 |
22.5500 |
200.00 |
174.40 |
| 64 |
2023-08-10 |
n/a |
original 77.64 |
3 |
77.64 |
n/a |
0.00 |
missed payment |
open |
40.0000 |
0.0000 |
0.00 |
0.00 |
22.5500 |
200.00 |
214.40 |
| 95 |
2023-09-10 |
n/a |
original 77.63 |
4 |
77.63 |
n/a |
0.00 |
missed payment |
open |
49.6000 |
41.4500 |
0.00 |
0.00 |
64.0000 |
200.00 |
264.00 |
| 128 |
2023-10-13 |
n/a |
n/a |
5 |
0.00 |
confirmed 126.00 |
126.00 |
extra payment |
open |
48.0000 |
48.0000 |
112.00 |
14.00 |
0.0000 |
186.00 |
186.00 |
| 132 |
2023-10-17 |
n/a |
n/a |
5 |
0.00 |
confirmed 98.00 |
98.00 |
extra payment |
open |
0.0000 |
0.0000 |
0.00 |
98.00 |
0.0000 |
88.00 |
88.00 |
| 133 |
2023-10-18 |
n/a |
n/a |
5 |
0.00 |
confirmed 100.00 |
100.00 |
extra payment |
refund due |
0.0000 |
0.0000 |
0.00 |
100.00 |
0.0000 |
-12.00 |
-12.00 |
| ✓ 429 |
2024-08-09 |
n/a |
n/a |
14 |
0.00 |
n/a |
-12.78 |
generated |
closed |
-0.7785 |
-0.7785 |
-0.78 |
-12.00 |
0.0000 |
0.00 |
0.00 |
Key: ★ = evaluation day; ✓ = settlement day
Final Stats
| Generated settlement: -12.78 on day 429 |
Final balance status: closed |
| Effective interest rate: 0.2321911422 % per day |
Final cost-to-borrowing ratio: 99.61 % |
| Required scheduled payment count: 4 |
Last required scheduled payment day: 95 |
| Final actual payment count: 4 |
Last actual payment day: 133 |
Description
Realistic example 0004ffd74fbb with overpayment
Generated: see details
Basic Parameters
| Evaluation Date |
2024-08-09 |
| Start Date |
2023-06-07 |
| Principal |
200.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2023-06 on 10 |
|
| 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 |
110.55 |
200.00 |
0.0000 |
0.00 |
0.00 |
| 3 |
77.64 |
4.8000 |
77.64 |
0.00 |
32.91 |
200.00 |
4.8000 |
77.64 |
0.00 |
| 33 |
77.64 |
48.0000 |
32.91 |
44.73 |
0.00 |
155.27 |
52.8000 |
110.55 |
44.73 |
| 64 |
77.64 |
38.5070 |
0.00 |
77.64 |
0.00 |
77.63 |
91.3070 |
110.55 |
122.37 |
| 95 |
77.63 |
19.2522 |
0.00 |
77.63 |
0.00 |
0.00 |
110.5592 |
110.55 |
200.00 |
Initial Stats
| Initial interest balance: 110.55 |
Initial cost-to-borrowing ratio: 55.28 % |
Initial APR: 4168.3 % |
| Level payment: 77.64 |
Final payment: 77.63 |
Last scheduled payment day: 95 |
| Total scheduled payments: 310.55 |
Total principal: 200.00 |
Total interest: 110.55 |
FSharp.Finance.Personal