PaymentScheduleTest_Monthly_1100_fp04_r6
| 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 |
1,100.00 |
0.0000 |
0.00 |
0.00 |
| 4 |
304.95 |
35.1120 |
35.11 |
269.84 |
0.00 |
830.16 |
35.1120 |
35.11 |
269.84 |
| 35 |
304.95 |
205.3650 |
205.36 |
99.59 |
0.00 |
730.57 |
240.4770 |
240.47 |
369.43 |
| 66 |
304.95 |
180.7284 |
180.73 |
124.22 |
0.00 |
606.35 |
421.2054 |
421.20 |
493.65 |
| 95 |
304.95 |
140.3215 |
140.32 |
164.63 |
0.00 |
441.72 |
561.5269 |
561.52 |
658.28 |
| 126 |
304.95 |
109.2727 |
109.27 |
195.68 |
0.00 |
246.04 |
670.7996 |
670.79 |
853.96 |
| 156 |
304.94 |
58.9020 |
58.90 |
246.04 |
0.00 |
0.00 |
729.7016 |
729.69 |
1,100.00 |
Description
£1100 with 04 days to first payment and 6 repayments
Generated: 2025-04-28 using library version 2.2.10
Parameters
| Evaluation Date |
2023-12-07 |
| Start Date |
2023-12-07 |
| Principal |
1,100.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 6 |
| 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: 66.34 % |
Initial APR: 1277.7 % |
| Level payment: 304.95 |
Final payment: 304.94 |
Last scheduled payment day: 156 |
| Total scheduled payments: 1,829.69 |
Total principal: 1,100.00 |
Total interest: 729.69 |
FSharp.Finance.Personal