PaymentScheduleTest_Monthly_1500_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 |
1,500.00 |
0.0000 |
0.00 |
0.00 |
| 20 |
467.29 |
239.4000 |
239.40 |
227.89 |
0.00 |
1,272.11 |
239.4000 |
239.40 |
227.89 |
| 51 |
467.29 |
314.6946 |
314.69 |
152.60 |
0.00 |
1,119.51 |
554.0946 |
554.09 |
380.49 |
| 82 |
467.29 |
276.9444 |
276.94 |
190.35 |
0.00 |
929.16 |
831.0390 |
831.03 |
570.84 |
| 111 |
467.29 |
215.0262 |
215.03 |
252.26 |
0.00 |
676.90 |
1,046.0652 |
1,046.06 |
823.10 |
| 142 |
467.29 |
167.4515 |
167.45 |
299.84 |
0.00 |
377.06 |
1,213.5167 |
1,213.51 |
1,122.94 |
| 172 |
467.33 |
90.2682 |
90.27 |
377.06 |
0.00 |
0.00 |
1,303.7848 |
1,303.78 |
1,500.00 |
Description
£1500 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 |
1,500.00 |
| 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: higher 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: 467.29 |
Final payment: 467.33 |
Last scheduled payment day: 172 |
| Total scheduled payments: 2,803.78 |
Total principal: 1,500.00 |
Total interest: 1,303.78 |
FSharp.Finance.Personal