Cca2004Test008
| 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 |
2010-03-01 |
5,000.00 |
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 |
5,000.00 |
0.00 |
0.0000 |
0.00 |
5,000.00 |
0.00 |
| 31 |
2010-04-01 |
n/a |
original 134.57 |
1 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
55.8318 |
55.8318 |
n/a |
78.74 |
0.00 |
55.83 |
0.00 |
0.00 |
4,921.26 |
0.00 |
0.0000 |
0.00 |
4,921.26 |
0.00 |
| 61 |
2010-05-01 |
n/a |
original 134.57 |
2 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
53.1799 |
53.1799 |
n/a |
81.40 |
0.00 |
53.17 |
0.00 |
0.00 |
4,839.86 |
0.00 |
0.0000 |
0.00 |
4,839.86 |
0.00 |
| 92 |
2010-06-01 |
n/a |
original 134.57 |
3 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
54.0437 |
54.0437 |
n/a |
80.53 |
0.00 |
54.04 |
0.00 |
0.00 |
4,759.33 |
0.00 |
0.0000 |
0.00 |
4,759.33 |
0.00 |
| 122 |
2010-07-01 |
n/a |
original 134.57 |
4 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
51.4301 |
51.4301 |
n/a |
83.14 |
0.00 |
51.43 |
0.00 |
0.00 |
4,676.19 |
0.00 |
0.0000 |
0.00 |
4,676.19 |
0.00 |
| 153 |
2010-08-01 |
n/a |
original 134.57 |
5 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
52.2161 |
52.2161 |
n/a |
82.36 |
0.00 |
52.21 |
0.00 |
0.00 |
4,593.83 |
0.00 |
0.0000 |
0.00 |
4,593.83 |
0.00 |
| 184 |
2010-09-01 |
n/a |
original 134.57 |
6 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
51.2964 |
51.2964 |
n/a |
83.28 |
0.00 |
51.29 |
0.00 |
0.00 |
4,510.55 |
0.00 |
0.0000 |
0.00 |
4,510.55 |
0.00 |
| 214 |
2010-10-01 |
n/a |
original 134.57 |
7 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
48.7417 |
48.7417 |
n/a |
85.83 |
0.00 |
48.74 |
0.00 |
0.00 |
4,424.72 |
0.00 |
0.0000 |
0.00 |
4,424.72 |
0.00 |
| 245 |
2010-11-01 |
n/a |
original 134.57 |
8 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
49.4081 |
49.4081 |
n/a |
85.17 |
0.00 |
49.40 |
0.00 |
0.00 |
4,339.55 |
0.00 |
0.0000 |
0.00 |
4,339.55 |
0.00 |
| 275 |
2010-12-01 |
n/a |
original 134.57 |
9 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
46.8939 |
46.8939 |
n/a |
87.68 |
0.00 |
46.89 |
0.00 |
0.00 |
4,251.87 |
0.00 |
0.0000 |
0.00 |
4,251.87 |
0.00 |
| 306 |
2011-01-01 |
n/a |
original 134.57 |
10 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
47.4780 |
47.4780 |
n/a |
87.10 |
0.00 |
47.47 |
0.00 |
0.00 |
4,164.77 |
0.00 |
0.0000 |
0.00 |
4,164.77 |
0.00 |
| 337 |
2011-02-01 |
n/a |
original 134.57 |
11 |
134.57 |
confirmed 134.57 |
n/a |
134.57 |
payment made |
open |
46.5054 |
46.5054 |
n/a |
88.07 |
0.00 |
46.50 |
0.00 |
0.00 |
4,076.70 |
0.00 |
0.0000 |
0.00 |
4,076.70 |
0.00 |
| 365 |
2011-03-01 |
n/a |
original 134.57 |
12 |
134.57 |
confirmed 134.57 |
3,983.24 |
4,117.81 |
generated |
closed |
41.1166 |
41.1166 |
n/a |
4,076.70 |
0.00 |
41.11 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
Description
CCA 2004 rebate example using library method (simple interest)
Generated: 2025-04-28 using library version 2.2.10
Parameters
| Evaluation Date |
2011-03-01 |
| Start Date |
2010-03-01 |
| Principal |
5,000.00 |
| Schedule options |
| config: fixed schedules |
| unit-period config: monthly from 2010-04 on 01 |
payment count: 48 |
| payment value: 134.57 |
schedule type: original |
|
|
| 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 |
no charges
|
| Interest options |
| standard rate: 13.1475 % per year |
method: simple |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| initial grace period: 0 day(s) |
rate on negative balance: 8 % per year |
| promotional rates: n/a |
| cap: total 100 %; daily 0.8 % |
|
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 29.19 % |
Initial APR: 14 % |
| Level payment: 134.57 |
Final payment: 134.57 |
Last scheduled payment day: 1461 |
| Total scheduled payments: 6,459.36 |
Total principal: 5,000.00 |
Total interest: 1,459.36 |
Final Stats
| Generated settlement: 3,983.24 on day 365 |
Final balance status: closed |
| Effective interest rate: 0.03277150685 % per day |
Final cost-to-borrowing ratio: 11.96 % |
| Required scheduled payment count: 12 |
Last required scheduled payment day: 365 |
| Final actual payment count: 12 |
Last actual payment day: 365 |
FSharp.Finance.Personal