PaymentScheduleTest_Monthly_0300_fp24_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 |
| 24 |
120.17 |
57.4560 |
57.46 |
62.71 |
0.00 |
237.29 |
57.4560 |
57.46 |
62.71 |
| 55 |
120.17 |
58.7008 |
58.70 |
61.47 |
0.00 |
175.82 |
116.1568 |
116.16 |
124.18 |
| 84 |
120.17 |
40.6883 |
40.69 |
79.48 |
0.00 |
96.34 |
156.8451 |
156.85 |
203.66 |
| 115 |
120.17 |
23.8326 |
23.83 |
96.34 |
0.00 |
0.00 |
180.6777 |
180.68 |
300.00 |
Description
£0300 with 24 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 month-end |
|
| 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: 60.23 % |
Initial APR: 1287.8 % |
| Level payment: 120.17 |
Final payment: 120.17 |
Last scheduled payment day: 115 |
| Total scheduled payments: 480.68 |
Total principal: 300.00 |
Total interest: 180.68 |
FSharp.Finance.Personal