PaymentScheduleTest_Monthly_1100_fp32_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 |
| 32 |
406.66 |
280.8960 |
280.90 |
125.76 |
0.00 |
974.24 |
280.8960 |
280.90 |
125.76 |
| 63 |
406.66 |
241.0075 |
241.01 |
165.65 |
0.00 |
808.59 |
521.9035 |
521.91 |
291.41 |
| 92 |
406.66 |
187.1239 |
187.12 |
219.54 |
0.00 |
589.05 |
709.0274 |
709.03 |
510.95 |
| 123 |
406.66 |
145.7192 |
145.72 |
260.94 |
0.00 |
328.11 |
854.7466 |
854.75 |
771.89 |
| 153 |
406.66 |
78.5495 |
78.55 |
328.11 |
0.00 |
0.00 |
933.2961 |
933.30 |
1,100.00 |
Description
£1100 with 32 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 08 |
|
| 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: 84.85 % |
Initial APR: 1249.8 % |
| Level payment: 406.66 |
Final payment: 406.66 |
Last scheduled payment day: 153 |
| Total scheduled payments: 2,033.30 |
Total principal: 1,100.00 |
Total interest: 933.30 |
FSharp.Finance.Personal