PaymentScheduleTest004

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	100.00	0.0000	0.00	0.00
10	36.48	8.0000	8.00	28.48	0.00	71.52	8.0000	8.00	28.48
41	36.48	17.7370	17.74	18.74	0.00	52.78	25.7370	25.74	47.22
72	36.48	13.0894	13.09	23.39	0.00	29.39	38.8264	38.83	70.61
102	36.44	7.0536	7.05	29.39	0.00	0.00	45.8800	45.88	100.00

Description

Payment count must not be exceeded

Generated: 2025-04-28 using library version 2.2.10

Parameters

Evaluation Date	2024-06-24
Start Date	2024-06-24
Principal	100.00
Schedule options	config: auto-generate schedule schedule length: payment count 4 unit-period config: monthly from 2024-07 on 04
Payment options	scheduling: as scheduled rounding: round using ToEven 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: round using ToEven APR method: UK FCA to 1 d.p. initial grace period: 1 day(s) rate on negative balance: zero promotional rates: n/a cap: total n/a; daily n/a

Initial Stats

Initial interest balance: 0.00	Initial cost-to-borrowing ratio: 45.88 %	Initial APR: 1317.4 %
Level payment: 36.48	Final payment: 36.44	Last scheduled payment day: 102
Total scheduled payments: 145.88	Total principal: 100.00	Total interest: 45.88