PaymentScheduleTest_Monthly_1300_fp20_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 |
1,300.00 |
0.0000 |
0.00 |
0.00 |
| 20 |
404.99 |
207.4800 |
207.48 |
197.51 |
0.00 |
1,102.49 |
207.4800 |
207.48 |
197.51 |
| 51 |
404.99 |
272.7340 |
272.73 |
132.26 |
0.00 |
970.23 |
480.2140 |
480.21 |
329.77 |
| 82 |
404.99 |
240.0155 |
240.02 |
164.97 |
0.00 |
805.26 |
720.2295 |
720.23 |
494.74 |
| 111 |
404.99 |
186.3533 |
186.35 |
218.64 |
0.00 |
586.62 |
906.5827 |
906.58 |
713.38 |
| 142 |
404.99 |
145.1181 |
145.12 |
259.87 |
0.00 |
326.75 |
1,051.7008 |
1,051.70 |
973.25 |
| 172 |
404.97 |
78.2240 |
78.22 |
326.75 |
0.00 |
0.00 |
1,129.9247 |
1,129.92 |
1,300.00 |
Description
£1300 with 20 days to first payment and 6 repayments
Generated: see details
Basic Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
1,300.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 6 |
| unit-period config: monthly from 2023-12 on 27 |
|
| 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: 86.92 % |
Initial APR: 1288.6 % |
| Level payment: 404.99 |
Final payment: 404.97 |
Last scheduled payment day: 172 |
| Total scheduled payments: 2,429.92 |
Total principal: 1,300.00 |
Total interest: 1,129.92 |
FSharp.Finance.Personal