PaymentScheduleTest_Monthly_1100_fp20_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 |
1,100.00 |
0.0000 |
0.00 |
0.00 |
| 20 |
376.87 |
175.5600 |
175.56 |
201.31 |
0.00 |
898.69 |
175.5600 |
175.56 |
201.31 |
| 51 |
376.87 |
222.3179 |
222.32 |
154.55 |
0.00 |
744.14 |
397.8779 |
397.88 |
355.86 |
| 82 |
376.87 |
184.0854 |
184.09 |
192.78 |
0.00 |
551.36 |
581.9633 |
581.97 |
548.64 |
| 111 |
376.87 |
127.5957 |
127.60 |
249.27 |
0.00 |
302.09 |
709.5590 |
709.57 |
797.91 |
| 142 |
376.82 |
74.7310 |
74.73 |
302.09 |
0.00 |
0.00 |
784.2900 |
784.30 |
1,100.00 |
Description
£1100 with 20 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 |
1,100.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 5 |
| 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: 71.3 % |
Initial APR: 1292.9 % |
| Level payment: 376.87 |
Final payment: 376.82 |
Last scheduled payment day: 142 |
| Total scheduled payments: 1,884.30 |
Total principal: 1,100.00 |
Total interest: 784.30 |
FSharp.Finance.Personal