PaymentScheduleTest_Monthly_0500_fp20_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 |
| 20 |
195.47 |
79.8000 |
79.80 |
115.67 |
0.00 |
384.33 |
79.8000 |
79.80 |
115.67 |
| 51 |
195.47 |
95.0756 |
95.08 |
100.39 |
0.00 |
283.94 |
174.8756 |
174.88 |
216.06 |
| 82 |
195.47 |
70.2411 |
70.24 |
125.23 |
0.00 |
158.71 |
245.1166 |
245.12 |
341.29 |
| 111 |
195.44 |
36.7287 |
36.73 |
158.71 |
0.00 |
0.00 |
281.8453 |
281.85 |
500.00 |
Description
£0500 with 20 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 27 |
|
| 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: 56.37 % |
Initial APR: 1299.5 % |
| Level payment: 195.47 |
Final payment: 195.44 |
Last scheduled payment day: 111 |
| Total scheduled payments: 781.85 |
Total principal: 500.00 |
Total interest: 281.85 |
FSharp.Finance.Personal