PaymentScheduleTest_Monthly_1300_fp32_r5
| 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 |
| 32 |
480.60 |
331.9680 |
331.97 |
148.63 |
0.00 |
1,151.37 |
331.9680 |
331.97 |
148.63 |
| 63 |
480.60 |
284.8259 |
284.83 |
195.77 |
0.00 |
955.60 |
616.7939 |
616.80 |
344.40 |
| 92 |
480.60 |
221.1450 |
221.14 |
259.46 |
0.00 |
696.14 |
837.9389 |
837.94 |
603.86 |
| 123 |
480.60 |
172.2111 |
172.21 |
308.39 |
0.00 |
387.75 |
1,010.1500 |
1,010.15 |
912.25 |
| 153 |
480.58 |
92.8274 |
92.83 |
387.75 |
0.00 |
0.00 |
1,102.9773 |
1,102.98 |
1,300.00 |
Description
£1300 with 32 days to first payment and 5 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 5 |
| 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: 84.84 % |
Initial APR: 1249.8 % |
| Level payment: 480.60 |
Final payment: 480.58 |
Last scheduled payment day: 153 |
| Total scheduled payments: 2,402.98 |
Total principal: 1,300.00 |
Total interest: 1,102.98 |
FSharp.Finance.Personal