PaymentScheduleTest002

Day	Scheduled payment	Simple interest	Interest portion	Principal portion	Interest balance	Principal balance	Total simple interest	Total interest	Total principal
0	0.00	0.0000	0.00	0.00	0.00	1,000.00	0.0000	0.00	0.00
0	269.20	0.0000	0.00	269.20	0.00	730.80	0.0000	0.00	269.20
31	269.20	181.2384	181.23	87.97	0.00	642.83	181.2384	181.23	357.17
61	269.20	154.2792	154.27	114.93	0.00	527.90	335.5176	335.50	472.10
92	269.20	130.9192	130.91	138.29	0.00	389.61	466.4368	466.41	610.39
123	269.20	96.6233	96.62	172.58	0.00	217.03	563.0601	563.03	782.97
153	269.11	52.0872	52.08	217.03	0.00	0.00	615.1473	615.11	1,000.00

Description

Term must not exceed maximum duration

Generated: 2025-04-28 using library version 2.2.10

Parameters

Evaluation Date	2024-05-08
Start Date	2024-05-08
Principal	1,000.00
Schedule options	config: auto-generate schedule schedule length: max duration 183 unit-period config: monthly from 2024-05 on 08
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 7.50 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: 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: 61.51 %	Initial APR: 1261.4 %
Level payment: 269.20	Final payment: 269.11	Last scheduled payment day: 153
Total scheduled payments: 1,615.11	Total principal: 1,000.00	Total interest: 615.11