PaymentScheduleTest_Monthly_0500_fp32_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 |
| 32 |
211.01 |
127.6800 |
127.68 |
83.33 |
0.00 |
416.67 |
127.6800 |
127.68 |
83.33 |
| 63 |
211.01 |
103.0758 |
103.08 |
107.93 |
0.00 |
308.74 |
230.7558 |
230.76 |
191.26 |
| 92 |
211.01 |
71.4486 |
71.45 |
139.56 |
0.00 |
169.18 |
302.2044 |
302.21 |
330.82 |
| 123 |
211.03 |
41.8517 |
41.85 |
169.18 |
0.00 |
0.00 |
344.0562 |
344.06 |
500.00 |
Description
£0500 with 32 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 2024-01 on 08 |
|
| 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: 68.81 % |
Initial APR: 1248.5 % |
| Level payment: 211.01 |
Final payment: 211.03 |
Last scheduled payment day: 123 |
| Total scheduled payments: 844.06 |
Total principal: 500.00 |
Total interest: 344.06 |
FSharp.Finance.Personal