PaymentScheduleTest_Monthly_0700_fp08_r5
| 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 |
700.00 |
0.0000 |
0.00 |
0.00 |
| 8 |
220.02 |
44.6880 |
44.69 |
175.33 |
0.00 |
524.67 |
44.6880 |
44.69 |
175.33 |
| 39 |
220.02 |
129.7929 |
129.79 |
90.23 |
0.00 |
434.44 |
174.4809 |
174.48 |
265.56 |
| 70 |
220.02 |
107.4718 |
107.47 |
112.55 |
0.00 |
321.89 |
281.9526 |
281.95 |
378.11 |
| 99 |
220.02 |
74.4918 |
74.49 |
145.53 |
0.00 |
176.36 |
356.4444 |
356.44 |
523.64 |
| 130 |
219.99 |
43.6279 |
43.63 |
176.36 |
0.00 |
0.00 |
400.0724 |
400.07 |
700.00 |
Description
£0700 with 08 days to first payment and 5 repayments
Generated: see details
Basic Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
700.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 5 |
| unit-period config: monthly from 2023-12 on 15 |
|
| 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: 57.15 % |
Initial APR: 1296.5 % |
| Level payment: 220.02 |
Final payment: 219.99 |
Last scheduled payment day: 130 |
| Total scheduled payments: 1,100.07 |
Total principal: 700.00 |
Total interest: 400.07 |
FSharp.Finance.Personal