PaymentScheduleTest_Monthly_0700_fp24_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 |
| 24 |
280.39 |
134.0640 |
134.06 |
146.33 |
0.00 |
553.67 |
134.0640 |
134.06 |
146.33 |
| 55 |
280.39 |
136.9669 |
136.97 |
143.42 |
0.00 |
410.25 |
271.0309 |
271.03 |
289.75 |
| 84 |
280.39 |
94.9401 |
94.94 |
185.45 |
0.00 |
224.80 |
365.9709 |
365.97 |
475.20 |
| 115 |
280.41 |
55.6110 |
55.61 |
224.80 |
0.00 |
0.00 |
421.5820 |
421.58 |
700.00 |
Description
£0700 with 24 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 month-end |
|
| Payment options |
| rounding: round using AwayFromZero |
| level-payment option: similar 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: 60.23 % |
Initial APR: 1287.7 % |
| Level payment: 280.39 |
Final payment: 280.41 |
Last scheduled payment day: 115 |
| Total scheduled payments: 1,121.58 |
Total principal: 700.00 |
Total interest: 421.58 |
FSharp.Finance.Personal