PaymentScheduleTest_Monthly_0700_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 |
700.00 |
0.0000 |
0.00 |
0.00 |
| 4 |
213.42 |
22.3440 |
22.34 |
191.08 |
0.00 |
508.92 |
22.3440 |
22.34 |
191.08 |
| 35 |
213.42 |
125.8966 |
125.90 |
87.52 |
0.00 |
421.40 |
148.2406 |
148.24 |
278.60 |
| 66 |
213.42 |
104.2459 |
104.25 |
109.17 |
0.00 |
312.23 |
252.4866 |
252.49 |
387.77 |
| 95 |
213.42 |
72.2563 |
72.26 |
141.16 |
0.00 |
171.07 |
324.7428 |
324.75 |
528.93 |
| 126 |
213.39 |
42.3193 |
42.32 |
171.07 |
0.00 |
0.00 |
367.0621 |
367.07 |
700.00 |
Description
£0700 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 |
700.00 |
| 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: 1281.3 % |
| Level payment: 213.42 |
Final payment: 213.39 |
Last scheduled payment day: 126 |
| Total scheduled payments: 1,067.07 |
Total principal: 700.00 |
Total interest: 367.07 |
FSharp.Finance.Personal