PaymentScheduleTest_Monthly_0500_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 |
500.00 |
0.0000 |
0.00 |
0.00 |
| 16 |
190.08 |
63.8400 |
63.84 |
126.24 |
0.00 |
373.76 |
63.8400 |
63.84 |
126.24 |
| 47 |
190.08 |
92.4607 |
92.46 |
97.62 |
0.00 |
276.14 |
156.3007 |
156.30 |
223.86 |
| 78 |
190.08 |
68.3115 |
68.31 |
121.77 |
0.00 |
154.37 |
224.6123 |
224.61 |
345.63 |
| 107 |
190.09 |
35.7243 |
35.72 |
154.37 |
0.00 |
0.00 |
260.3366 |
260.33 |
500.00 |
Description
£0500 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 |
500.00 |
| 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: higher 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: 52.07 % |
Initial APR: 1309 % |
| Level payment: 190.08 |
Final payment: 190.09 |
Last scheduled payment day: 107 |
| Total scheduled payments: 760.33 |
Total principal: 500.00 |
Total interest: 260.33 |
FSharp.Finance.Personal