PaymentScheduleTest003
| 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 |
| 10 |
290.73 |
80.0000 |
80.00 |
210.73 |
0.00 |
789.27 |
80.0000 |
80.00 |
210.73 |
| 41 |
290.73 |
195.7390 |
195.73 |
95.00 |
0.00 |
694.27 |
275.7390 |
275.73 |
305.73 |
| 71 |
290.73 |
166.6248 |
166.62 |
124.11 |
0.00 |
570.16 |
442.3638 |
442.35 |
429.84 |
| 102 |
290.73 |
141.3997 |
141.39 |
149.34 |
0.00 |
420.82 |
583.7634 |
583.74 |
579.18 |
| 133 |
290.73 |
104.3634 |
104.36 |
186.37 |
0.00 |
234.45 |
688.1268 |
688.10 |
765.55 |
| 163 |
290.71 |
56.2680 |
56.26 |
234.45 |
0.00 |
0.00 |
744.3948 |
744.36 |
1,000.00 |
Description
Term must not exceed maximum duration
Generated: see details
Basic Parameters
| Evaluation Date |
2024-05-08 |
| Start Date |
2024-05-08 |
| Principal |
1,000.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: max duration 184 |
| unit-period config: monthly from 2024-05 on 18 |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.8 % per day |
method: actuarial |
| 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: 74.44 % |
Initial APR: 1301.9 % |
| Level payment: 290.73 |
Final payment: 290.71 |
Last scheduled payment day: 163 |
| Total scheduled payments: 1,744.36 |
Total principal: 1,000.00 |
Total interest: 744.36 |
FSharp.Finance.Personal