PaymentScheduleTest_Monthly_0500_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 |
500.00 |
0.0000 |
0.00 |
0.00 |
| 8 |
157.16 |
31.9200 |
31.92 |
125.24 |
0.00 |
374.76 |
31.9200 |
31.92 |
125.24 |
| 39 |
157.16 |
92.7081 |
92.71 |
64.45 |
0.00 |
310.31 |
124.6281 |
124.63 |
189.69 |
| 70 |
157.16 |
76.7645 |
76.76 |
80.40 |
0.00 |
229.91 |
201.3926 |
201.39 |
270.09 |
| 99 |
157.16 |
53.2058 |
53.21 |
103.95 |
0.00 |
125.96 |
254.5984 |
254.60 |
374.04 |
| 130 |
157.12 |
31.1600 |
31.16 |
125.96 |
0.00 |
0.00 |
285.7584 |
285.76 |
500.00 |
Description
£0500 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 |
500.00 |
| 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: 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: 57.15 % |
Initial APR: 1296.6 % |
| Level payment: 157.16 |
Final payment: 157.12 |
Last scheduled payment day: 130 |
| Total scheduled payments: 785.76 |
Total principal: 500.00 |
Total interest: 285.76 |
FSharp.Finance.Personal