PaymentScheduleTest_Monthly_0700_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 |
700.00 |
0.0000 |
0.00 |
0.00 |
| 16 |
266.12 |
89.3760 |
89.38 |
176.74 |
0.00 |
523.26 |
89.3760 |
89.38 |
176.74 |
| 47 |
266.12 |
129.4441 |
129.44 |
136.68 |
0.00 |
386.58 |
218.8201 |
218.82 |
313.42 |
| 78 |
266.12 |
95.6322 |
95.63 |
170.49 |
0.00 |
216.09 |
314.4522 |
314.45 |
483.91 |
| 107 |
266.10 |
50.0075 |
50.01 |
216.09 |
0.00 |
0.00 |
364.4598 |
364.46 |
700.00 |
Description
£0700 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 |
700.00 |
| 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: 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: 52.07 % |
Initial APR: 1309.1 % |
| Level payment: 266.12 |
Final payment: 266.10 |
Last scheduled payment day: 107 |
| Total scheduled payments: 1,064.46 |
Total principal: 700.00 |
Total interest: 364.46 |
FSharp.Finance.Personal