PaymentScheduleTest_Monthly_0500_fp12_r4
| 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 |
| 12 |
184.70 |
47.8800 |
47.88 |
136.82 |
0.00 |
363.18 |
47.8800 |
47.88 |
136.82 |
| 43 |
184.70 |
89.8435 |
89.84 |
94.86 |
0.00 |
268.32 |
137.7235 |
137.72 |
231.68 |
| 74 |
184.70 |
66.3770 |
66.38 |
118.32 |
0.00 |
150.00 |
204.1005 |
204.10 |
350.00 |
| 103 |
184.71 |
34.7130 |
34.71 |
150.00 |
0.00 |
0.00 |
238.8135 |
238.81 |
500.00 |
Description
£0500 with 12 days to first payment and 4 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 4 |
| unit-period config: monthly from 2023-12 on 19 |
|
| 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: 47.76 % |
Initial APR: 1311.9 % |
| Level payment: 184.70 |
Final payment: 184.71 |
Last scheduled payment day: 103 |
| Total scheduled payments: 738.81 |
Total principal: 500.00 |
Total interest: 238.81 |
FSharp.Finance.Personal