PaymentScheduleTest_Monthly_1100_fp08_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 |
| 8 |
314.39 |
70.2240 |
70.22 |
244.17 |
0.00 |
855.83 |
70.2240 |
70.22 |
244.17 |
| 39 |
314.39 |
211.7152 |
211.72 |
102.67 |
0.00 |
753.16 |
281.9392 |
281.94 |
346.84 |
| 70 |
314.39 |
186.3167 |
186.32 |
128.07 |
0.00 |
625.09 |
468.2559 |
468.26 |
474.91 |
| 99 |
314.39 |
144.6583 |
144.66 |
169.73 |
0.00 |
455.36 |
612.9143 |
612.92 |
644.64 |
| 130 |
314.39 |
112.6470 |
112.65 |
201.74 |
0.00 |
253.62 |
725.5612 |
725.57 |
846.38 |
| 160 |
314.34 |
60.7166 |
60.72 |
253.62 |
0.00 |
0.00 |
786.2779 |
786.29 |
1,100.00 |
Description
£1100 with 08 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 15 |
|
| 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: 71.48 % |
Initial APR: 1291 % |
| Level payment: 314.39 |
Final payment: 314.34 |
Last scheduled payment day: 160 |
| Total scheduled payments: 1,886.29 |
Total principal: 1,100.00 |
Total interest: 786.29 |
FSharp.Finance.Personal