PaymentScheduleTest_Monthly_1100_fp12_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 |
| 12 |
323.82 |
105.3360 |
105.34 |
218.48 |
0.00 |
881.52 |
105.3360 |
105.34 |
218.48 |
| 43 |
323.82 |
218.0704 |
218.07 |
105.75 |
0.00 |
775.77 |
323.4064 |
323.41 |
324.23 |
| 74 |
323.82 |
191.9100 |
191.91 |
131.91 |
0.00 |
643.86 |
515.3164 |
515.32 |
456.14 |
| 103 |
323.82 |
149.0021 |
149.00 |
174.82 |
0.00 |
469.04 |
664.3185 |
664.32 |
630.96 |
| 134 |
323.82 |
116.0311 |
116.03 |
207.79 |
0.00 |
261.25 |
780.3496 |
780.35 |
838.75 |
| 164 |
323.79 |
62.5433 |
62.54 |
261.25 |
0.00 |
0.00 |
842.8928 |
842.89 |
1,100.00 |
Description
£1100 with 12 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 19 |
|
| 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: 76.63 % |
Initial APR: 1296.2 % |
| Level payment: 323.82 |
Final payment: 323.79 |
Last scheduled payment day: 164 |
| Total scheduled payments: 1,942.89 |
Total principal: 1,100.00 |
Total interest: 842.89 |
FSharp.Finance.Personal