PaymentScheduleTest_Monthly_0700_fp20_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 |
700.00 |
0.0000 |
0.00 |
0.00 |
| 20 |
273.65 |
111.7200 |
111.72 |
161.93 |
0.00 |
538.07 |
111.7200 |
111.72 |
161.93 |
| 51 |
273.65 |
133.1078 |
133.11 |
140.54 |
0.00 |
397.53 |
244.8278 |
244.83 |
302.47 |
| 82 |
273.65 |
98.3410 |
98.34 |
175.31 |
0.00 |
222.22 |
343.1687 |
343.17 |
477.78 |
| 111 |
273.65 |
51.4262 |
51.43 |
222.22 |
0.00 |
0.00 |
394.5949 |
394.60 |
700.00 |
Description
£0700 with 20 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 |
700.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2023-12 on 27 |
|
| 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: 56.37 % |
Initial APR: 1299.5 % |
| Level payment: 273.65 |
Final payment: 273.65 |
Last scheduled payment day: 111 |
| Total scheduled payments: 1,094.60 |
Total principal: 700.00 |
Total interest: 394.60 |
FSharp.Finance.Personal