QuoteTest020
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Generated payment |
Net effect |
Payment status |
Balance status |
Actuarial interest |
New interest |
Interest portion |
Principal portion |
Interest balance |
Principal balance |
Settlement figure |
| 0 |
2022-12-19 |
250.00 |
n/a |
0 |
0.00 |
n/a |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
250.00 |
250.00 |
| ✓ 1 |
2022-12-20 |
n/a |
n/a |
0 |
0.00 |
confirmed 252.00 |
0.00 |
252.00 |
generated |
closed |
2.0000 |
2.0000 |
2.00 |
250.00 |
0.0000 |
0.00 |
0.00 |
| 32 |
2023-01-20 |
n/a |
original 105.35 |
1 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| 63 |
2023-02-20 |
n/a |
original 105.35 |
2 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| 91 |
2023-03-20 |
n/a |
original 105.35 |
3 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
| 122 |
2023-04-20 |
n/a |
original 105.34 |
4 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
Key: ★ = evaluation day; ✓ = settlement day
Final Stats
| Generated settlement: 0.00 on day 1 |
Final balance status: closed |
| Effective interest rate: 0.006557377049 % per day |
Final cost-to-borrowing ratio: 0.8 % |
| Required scheduled payment count: 0 |
Last required scheduled payment day: n/a |
| Final actual payment count: 1 |
Last actual payment day: 1 |
Description
Settlement quote on the same day a loan is closed has 0L payment and 0L principal and interest components
Generated: see details
Basic Parameters
| Evaluation Date |
2022-12-20 |
| Start Date |
2022-12-19 |
| Principal |
250.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2023-01 on 20 |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.8 % per day |
method: actuarial |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| cap: total 100 %; daily 0.8 % |
|
Advanced Parameters
| Payment options |
| scheduling: as scheduled |
timeout: 3 days |
| minimum: defer or write off up to 0.50 |
|
| Interest options |
| initial grace period: 0 day(s) |
rate on negative balance: 8 % per year |
| promotional rates: n/a |
|
| Fee options |
no fee
|
| Charge options |
no charges
|
| Settlement day | on evaluation day |
| Trim unrequired payments | true |
Initial Schedule
| 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 |
250.00 |
0.0000 |
0.00 |
0.00 |
| 32 |
105.35 |
64.0000 |
64.00 |
41.35 |
0.00 |
208.65 |
64.0000 |
64.00 |
41.35 |
| 63 |
105.35 |
51.7452 |
51.74 |
53.61 |
0.00 |
155.04 |
115.7452 |
115.74 |
94.96 |
| 91 |
105.35 |
34.7290 |
34.72 |
70.63 |
0.00 |
84.41 |
150.4742 |
150.46 |
165.59 |
| 122 |
105.34 |
20.9337 |
20.93 |
84.41 |
0.00 |
0.00 |
171.4078 |
171.39 |
250.00 |
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 68.56 % |
Initial APR: 1257.9 % |
| Level payment: 105.35 |
Final payment: 105.34 |
Last scheduled payment day: 122 |
| Total scheduled payments: 421.39 |
Total principal: 250.00 |
Total interest: 171.39 |
FSharp.Finance.Personal