PaymentScheduleTest_Monthly_0500_fp28_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 |
| 28 |
205.65 |
111.7200 |
111.72 |
93.93 |
0.00 |
406.07 |
111.7200 |
111.72 |
93.93 |
| 59 |
205.65 |
100.4536 |
100.45 |
105.20 |
0.00 |
300.87 |
212.1736 |
212.17 |
199.13 |
| 88 |
205.65 |
69.6273 |
69.63 |
136.02 |
0.00 |
164.85 |
281.8009 |
281.80 |
335.15 |
| 119 |
205.63 |
40.7806 |
40.78 |
164.85 |
0.00 |
0.00 |
322.5815 |
322.58 |
500.00 |
Description
£0500 with 28 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 2024-01 on 04 |
|
| 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: 64.52 % |
Initial APR: 1269.3 % |
| Level payment: 205.65 |
Final payment: 205.63 |
Last scheduled payment day: 119 |
| Total scheduled payments: 822.58 |
Total principal: 500.00 |
Total interest: 322.58 |
FSharp.Finance.Personal