PaymentScheduleTest_Monthly_1300_fp04_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 |
1,300.00 |
0.0000 |
0.00 |
0.00 |
| 4 |
360.40 |
41.4960 |
41.50 |
318.90 |
0.00 |
981.10 |
41.4960 |
41.50 |
318.90 |
| 35 |
360.40 |
242.7045 |
242.70 |
117.70 |
0.00 |
863.40 |
284.2005 |
284.20 |
436.60 |
| 66 |
360.40 |
213.5879 |
213.59 |
146.81 |
0.00 |
716.59 |
497.7884 |
497.79 |
583.41 |
| 95 |
360.40 |
165.8333 |
165.83 |
194.57 |
0.00 |
522.02 |
663.6217 |
663.62 |
777.98 |
| 126 |
360.40 |
129.1373 |
129.14 |
231.26 |
0.00 |
290.76 |
792.7590 |
792.76 |
1,009.24 |
| 156 |
360.37 |
69.6079 |
69.61 |
290.76 |
0.00 |
0.00 |
862.3669 |
862.37 |
1,300.00 |
Description
£1300 with 04 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 |
1,300.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 6 |
| unit-period config: monthly from 2023-12 on 11 |
|
| 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: 66.34 % |
Initial APR: 1277.7 % |
| Level payment: 360.40 |
Final payment: 360.37 |
Last scheduled payment day: 156 |
| Total scheduled payments: 2,162.37 |
Total principal: 1,300.00 |
Total interest: 862.37 |
FSharp.Finance.Personal