ActualPaymentTest007
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Generated payment |
Net effect |
Payment status |
Balance status |
Simple interest |
New interest |
New charges |
Principal portion |
Fee portion |
Interest portion |
Charges portion |
Fee rebate |
Principal balance |
Fee balance |
Interest balance |
Charges balance |
Settlement figure |
Fee rebate if settled |
| 0 |
2024-08-06 |
1,500.00 |
n/a |
0 |
0.00 |
n/a |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1,500.00 |
0.00 |
0.0000 |
0.00 |
1,500.00 |
0.00 |
| 14 |
2024-08-20 |
n/a |
original 243.86 |
1 |
243.86 |
confirmed 243.86 |
n/a |
243.86 |
payment made |
open |
168.0000 |
168.0000 |
n/a |
75.86 |
0.00 |
168.00 |
0.00 |
0.00 |
1,424.14 |
0.00 |
0.0000 |
0.00 |
1,424.14 |
0.00 |
| 28 |
2024-09-03 |
n/a |
original 243.86 |
2 |
243.86 |
confirmed 243.86 |
n/a |
243.86 |
payment made |
open |
159.5037 |
159.5037 |
n/a |
84.36 |
0.00 |
159.50 |
0.00 |
0.00 |
1,339.78 |
0.00 |
0.0000 |
0.00 |
1,339.78 |
0.00 |
| 42 |
2024-09-17 |
n/a |
original 243.86 |
3 |
243.86 |
confirmed 243.86 |
n/a |
243.86 |
payment made |
open |
150.0554 |
150.0554 |
n/a |
93.81 |
0.00 |
150.05 |
0.00 |
0.00 |
1,245.97 |
0.00 |
0.0000 |
0.00 |
1,245.97 |
0.00 |
| 56 |
2024-10-01 |
n/a |
original 243.86 |
4 |
243.86 |
n/a |
n/a |
243.86 |
payment due |
open |
139.5486 |
139.5486 |
n/a |
104.32 |
0.00 |
139.54 |
0.00 |
0.00 |
1,141.65 |
0.00 |
0.0000 |
0.00 |
1,141.65 |
0.00 |
| 70 |
2024-10-15 |
n/a |
original 243.86 |
5 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
127.8648 |
127.8648 |
n/a |
116.00 |
0.00 |
127.86 |
0.00 |
0.00 |
1,025.65 |
0.00 |
0.0000 |
0.00 |
1,025.65 |
0.00 |
| 84 |
2024-10-29 |
n/a |
original 243.86 |
6 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
114.8728 |
114.8728 |
n/a |
128.99 |
0.00 |
114.87 |
0.00 |
0.00 |
896.66 |
0.00 |
0.0000 |
0.00 |
896.66 |
0.00 |
| 98 |
2024-11-12 |
n/a |
original 243.86 |
7 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
100.4259 |
100.4259 |
n/a |
143.44 |
0.00 |
100.42 |
0.00 |
0.00 |
753.22 |
0.00 |
0.0000 |
0.00 |
753.22 |
0.00 |
| 112 |
2024-11-26 |
n/a |
original 243.86 |
8 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
84.3606 |
84.3606 |
n/a |
159.50 |
0.00 |
84.36 |
0.00 |
0.00 |
593.72 |
0.00 |
0.0000 |
0.00 |
593.72 |
0.00 |
| 126 |
2024-12-10 |
n/a |
original 243.86 |
9 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
66.4966 |
66.4966 |
n/a |
177.37 |
0.00 |
66.49 |
0.00 |
0.00 |
416.35 |
0.00 |
0.0000 |
0.00 |
416.35 |
0.00 |
| 140 |
2024-12-24 |
n/a |
original 243.86 |
10 |
243.86 |
n/a |
n/a |
243.86 |
not yet due |
open |
46.6312 |
46.6312 |
n/a |
197.23 |
0.00 |
46.63 |
0.00 |
0.00 |
219.12 |
0.00 |
0.0000 |
0.00 |
219.12 |
0.00 |
| 154 |
2025-01-07 |
n/a |
original 243.66 |
11 |
243.66 |
n/a |
n/a |
243.66 |
not yet due |
closed |
24.5414 |
24.5414 |
n/a |
219.12 |
0.00 |
24.54 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
Description
Check that charge for late payment is not applied on scheduled payment date when payment has not yet been made
Generated: 2025-04-28 using library version 2.2.10
Parameters
| Evaluation Date |
2024-10-01 |
| Start Date |
2024-08-06 |
| Principal |
1,500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 11 |
| unit-period config: 2-weekly from 2024-08-20 |
|
| Payment options |
| scheduling: as scheduled |
| rounding: rounded up |
| timeout: 3 |
| minimum: defer or write off up to 0.50 |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Charge options |
| Type |
Charge |
Grouping |
Holidays |
| late payment |
10.00 | one charge per day | n/a |
|
| Interest options |
| standard rate: 0.8 % per day |
method: simple |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| initial grace period: 3 day(s) |
rate on negative balance: zero |
| promotional rates: n/a |
| cap: total 100 %; daily 0.8 % |
|
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 78.82 % |
Initial APR: 1492.1 % |
| Level payment: 243.86 |
Final payment: 243.66 |
Last scheduled payment day: 154 |
| Total scheduled payments: 2,682.26 |
Total principal: 1,500.00 |
Total interest: 1,182.26 |
Final Stats
| Generated settlement: n/a |
Final balance status: closed |
| Effective interest rate: 0.5118008658 % per day |
Final cost-to-borrowing ratio: 78.82 % |
| Required scheduled payment count: 11 |
Last required scheduled payment day: 154 |
| Final actual payment count: 3 |
Last actual payment day: 42 |
FSharp.Finance.Personal