PaymentScheduleTest_Monthly_0700_fp12_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 |
700.00 |
0.0000 |
0.00 |
0.00 |
| 12 |
258.59 |
67.0320 |
67.03 |
191.56 |
0.00 |
508.44 |
67.0320 |
67.03 |
191.56 |
| 43 |
258.59 |
125.7779 |
125.78 |
132.81 |
0.00 |
375.63 |
192.8099 |
192.81 |
324.37 |
| 74 |
258.59 |
92.9233 |
92.92 |
165.67 |
0.00 |
209.96 |
285.7332 |
285.73 |
490.04 |
| 103 |
258.55 |
48.5889 |
48.59 |
209.96 |
0.00 |
0.00 |
334.3222 |
334.32 |
700.00 |
Description
£0700 with 12 days to first payment and 4 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 4 |
| unit-period config: monthly from 2023-12 on 19 |
|
| 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: 47.76 % |
Initial APR: 1311.9 % |
| Level payment: 258.59 |
Final payment: 258.55 |
Last scheduled payment day: 103 |
| Total scheduled payments: 1,034.32 |
Total principal: 700.00 |
Total interest: 334.32 |
FSharp.Finance.Personal