PaymentScheduleTest_Monthly_0300_fp16_r4
| 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 |
300.00 |
0.0000 |
0.00 |
0.00 |
| 16 |
114.05 |
38.3040 |
38.30 |
75.75 |
0.00 |
224.25 |
38.3040 |
38.30 |
75.75 |
| 47 |
114.05 |
55.4750 |
55.47 |
58.58 |
0.00 |
165.67 |
93.7790 |
93.77 |
134.33 |
| 78 |
114.05 |
40.9834 |
40.98 |
73.07 |
0.00 |
92.60 |
134.7624 |
134.75 |
207.40 |
| 107 |
114.03 |
21.4295 |
21.43 |
92.60 |
0.00 |
0.00 |
156.1919 |
156.18 |
300.00 |
Description
£0300 with 16 days to first payment and 4 repayments
Generated: see details
Basic Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
300.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2023-12 on 23 |
|
| Payment options |
| rounding: round using AwayFromZero |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.798 % per day |
method: actuarial |
| rounding: round using AwayFromZero |
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: 52.06 % |
Initial APR: 1308.8 % |
| Level payment: 114.05 |
Final payment: 114.03 |
Last scheduled payment day: 107 |
| Total scheduled payments: 456.18 |
Total principal: 300.00 |
Total interest: 156.18 |
FSharp.Finance.Personal