PaymentScheduleTest_Monthly_0500_fp04_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 |
500.00 |
0.0000 |
0.00 |
0.00 |
| 4 |
152.44 |
15.9600 |
15.96 |
136.48 |
0.00 |
363.52 |
15.9600 |
15.96 |
136.48 |
| 35 |
152.44 |
89.9276 |
89.93 |
62.51 |
0.00 |
301.01 |
105.8876 |
105.89 |
198.99 |
| 66 |
152.44 |
74.4639 |
74.46 |
77.98 |
0.00 |
223.03 |
180.3514 |
180.35 |
276.97 |
| 95 |
152.44 |
51.6136 |
51.61 |
100.83 |
0.00 |
122.20 |
231.9650 |
231.96 |
377.80 |
| 126 |
152.43 |
30.2298 |
30.23 |
122.20 |
0.00 |
0.00 |
262.1949 |
262.19 |
500.00 |
Description
£0500 with 04 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 |
500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 5 |
| unit-period config: monthly from 2023-12 on 11 |
|
| Payment options |
| scheduling: as scheduled |
| rounding: round using AwayFromZero |
| 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: 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: 52.44 % |
Initial APR: 1281.2 % |
| Level payment: 152.44 |
Final payment: 152.43 |
Last scheduled payment day: 126 |
| Total scheduled payments: 762.19 |
Total principal: 500.00 |
Total interest: 262.19 |
FSharp.Finance.Personal