PaymentScheduleTest_Monthly_1100_fp24_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 |
| 24 |
385.98 |
210.6720 |
210.67 |
175.31 |
0.00 |
924.69 |
210.6720 |
210.67 |
175.31 |
| 55 |
385.98 |
228.7498 |
228.75 |
157.23 |
0.00 |
767.46 |
439.4218 |
439.42 |
332.54 |
| 84 |
385.98 |
177.6056 |
177.61 |
208.37 |
0.00 |
559.09 |
617.0274 |
617.03 |
540.91 |
| 115 |
385.98 |
138.3077 |
138.31 |
247.67 |
0.00 |
311.42 |
755.3351 |
755.34 |
788.58 |
| 145 |
385.97 |
74.5539 |
74.55 |
311.42 |
0.00 |
0.00 |
829.8890 |
829.89 |
1,100.00 |
Description
£1100 with 24 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 month-end |
|
| 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: 75.44 % |
Initial APR: 1283.5 % |
| Level payment: 385.98 |
Final payment: 385.97 |
Last scheduled payment day: 145 |
| Total scheduled payments: 1,929.89 |
Total principal: 1,100.00 |
Total interest: 829.89 |
FSharp.Finance.Personal