PaymentScheduleTest_Monthly_1100_fp16_r6
| 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 |
1,100.00 |
0.0000 |
0.00 |
0.00 |
| 16 |
333.25 |
140.4480 |
140.45 |
192.80 |
0.00 |
907.20 |
140.4480 |
140.45 |
192.80 |
| 47 |
333.25 |
224.4231 |
224.42 |
108.83 |
0.00 |
798.37 |
364.8711 |
364.87 |
301.63 |
| 78 |
333.25 |
197.5008 |
197.50 |
135.75 |
0.00 |
662.62 |
562.3719 |
562.37 |
437.38 |
| 107 |
333.25 |
153.3435 |
153.34 |
179.91 |
0.00 |
482.71 |
715.7154 |
715.71 |
617.29 |
| 138 |
333.25 |
119.4128 |
119.41 |
213.84 |
0.00 |
268.87 |
835.1282 |
835.12 |
831.13 |
| 168 |
333.24 |
64.3675 |
64.37 |
268.87 |
0.00 |
0.00 |
899.4957 |
899.49 |
1,100.00 |
Description
£1100 with 16 days to first payment and 6 repayments
Generated: see details
Basic Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
1,100.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 6 |
| 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: 81.77 % |
Initial APR: 1294.9 % |
| Level payment: 333.25 |
Final payment: 333.24 |
Last scheduled payment day: 168 |
| Total scheduled payments: 1,999.49 |
Total principal: 1,100.00 |
Total interest: 899.49 |
FSharp.Finance.Personal