PaymentScheduleTest_Monthly_1100_fp28_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 |
| 28 |
396.32 |
245.7840 |
245.78 |
150.54 |
0.00 |
949.46 |
245.7840 |
245.78 |
150.54 |
| 59 |
396.32 |
234.8774 |
234.88 |
161.44 |
0.00 |
788.02 |
480.6614 |
480.66 |
311.98 |
| 88 |
396.32 |
182.3636 |
182.36 |
213.96 |
0.00 |
574.06 |
663.0250 |
663.02 |
525.94 |
| 119 |
396.32 |
142.0110 |
142.01 |
254.31 |
0.00 |
319.75 |
805.0360 |
805.03 |
780.25 |
| 149 |
396.30 |
76.5482 |
76.55 |
319.75 |
0.00 |
0.00 |
881.5841 |
881.58 |
1,100.00 |
Description
£1100 with 28 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 2024-01 on 04 |
|
| 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: 80.14 % |
Initial APR: 1267.9 % |
| Level payment: 396.32 |
Final payment: 396.30 |
Last scheduled payment day: 149 |
| Total scheduled payments: 1,981.58 |
Total principal: 1,100.00 |
Total interest: 881.58 |
FSharp.Finance.Personal