PaymentScheduleTest_Monthly_0700_fp32_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 |
| 32 |
295.42 |
178.7520 |
178.75 |
116.67 |
0.00 |
583.33 |
178.7520 |
178.75 |
116.67 |
| 63 |
295.42 |
144.3042 |
144.30 |
151.12 |
0.00 |
432.21 |
323.0562 |
323.05 |
267.79 |
| 92 |
295.42 |
100.0220 |
100.02 |
195.40 |
0.00 |
236.81 |
423.0782 |
423.07 |
463.19 |
| 123 |
295.39 |
58.5821 |
58.58 |
236.81 |
0.00 |
0.00 |
481.6603 |
481.65 |
700.00 |
Description
£0700 with 32 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 2024-01 on 08 |
|
| 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: 68.81 % |
Initial APR: 1248.4 % |
| Level payment: 295.42 |
Final payment: 295.39 |
Last scheduled payment day: 123 |
| Total scheduled payments: 1,181.65 |
Total principal: 700.00 |
Total interest: 481.65 |
FSharp.Finance.Personal