PaymentScheduleTest_Monthly_0300_fp08_r5
| 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 |
300.00 |
0.0000 |
0.00 |
0.00 |
| 8 |
94.29 |
19.1520 |
19.15 |
75.14 |
0.00 |
224.86 |
19.1520 |
19.15 |
75.14 |
| 39 |
94.29 |
55.6259 |
55.63 |
38.66 |
0.00 |
186.20 |
74.7779 |
74.78 |
113.80 |
| 70 |
94.29 |
46.0622 |
46.06 |
48.23 |
0.00 |
137.97 |
120.8400 |
120.84 |
162.03 |
| 99 |
94.29 |
31.9290 |
31.93 |
62.36 |
0.00 |
75.61 |
152.7690 |
152.77 |
224.39 |
| 130 |
94.31 |
18.7044 |
18.70 |
75.61 |
0.00 |
0.00 |
171.4734 |
171.47 |
300.00 |
Description
£0300 with 08 days to first payment and 5 repayments
Generated: 2025-04-28 using library version 2.2.10
Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
300.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 5 |
| unit-period config: monthly from 2023-12 on 15 |
|
| Payment options |
| scheduling: as scheduled |
| rounding: round using AwayFromZero |
| timeout: 3 |
| minimum: defer or write off up to 0.50 |
| level-payment option: similar final payment |
|
| Fee options |
no fee
|
| Charge options |
no charges
|
| Interest options |
| standard rate: 0.798 % per day |
method: simple |
| rounding: round using AwayFromZero |
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: 57.16 % |
Initial APR: 1296.5 % |
| Level payment: 94.29 |
Final payment: 94.31 |
Last scheduled payment day: 130 |
| Total scheduled payments: 471.47 |
Total principal: 300.00 |
Total interest: 171.47 |
FSharp.Finance.Personal