PaymentScheduleTest_Monthly_1500_fp12_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 |
1,500.00 |
0.0000 |
0.00 |
0.00 |
| 12 |
441.57 |
143.6400 |
143.64 |
297.93 |
0.00 |
1,202.07 |
143.6400 |
143.64 |
297.93 |
| 43 |
441.57 |
297.3681 |
297.37 |
144.20 |
0.00 |
1,057.87 |
441.0081 |
441.01 |
442.13 |
| 74 |
441.57 |
261.6959 |
261.70 |
179.87 |
0.00 |
878.00 |
702.7040 |
702.71 |
622.00 |
| 103 |
441.57 |
203.1868 |
203.19 |
238.38 |
0.00 |
639.62 |
905.8907 |
905.90 |
860.38 |
| 134 |
441.57 |
158.2292 |
158.23 |
283.34 |
0.00 |
356.28 |
1,064.1199 |
1,064.13 |
1,143.72 |
| 164 |
441.57 |
85.2934 |
85.29 |
356.28 |
0.00 |
0.00 |
1,149.4133 |
1,149.42 |
1,500.00 |
Description
£1500 with 12 days to first payment and 6 repayments
Generated: see details
Basic Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
1,500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 6 |
| unit-period config: monthly from 2023-12 on 19 |
|
| 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: 76.63 % |
Initial APR: 1296.2 % |
| Level payment: 441.57 |
Final payment: 441.57 |
Last scheduled payment day: 164 |
| Total scheduled payments: 2,649.42 |
Total principal: 1,500.00 |
Total interest: 1,149.42 |
FSharp.Finance.Personal