PaymentScheduleTest_Monthly_1300_fp08_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 |
| 8 |
371.55 |
82.9920 |
82.99 |
288.56 |
0.00 |
1,011.44 |
82.9920 |
82.99 |
288.56 |
| 39 |
371.55 |
250.2100 |
250.21 |
121.34 |
0.00 |
890.10 |
333.2020 |
333.20 |
409.90 |
| 70 |
371.55 |
220.1929 |
220.19 |
151.36 |
0.00 |
738.74 |
553.3950 |
553.39 |
561.26 |
| 99 |
371.55 |
170.9592 |
170.96 |
200.59 |
0.00 |
538.15 |
724.3542 |
724.35 |
761.85 |
| 130 |
371.55 |
133.1275 |
133.13 |
238.42 |
0.00 |
299.73 |
857.4817 |
857.48 |
1,000.27 |
| 160 |
371.49 |
71.7554 |
71.76 |
299.73 |
0.00 |
0.00 |
929.2371 |
929.24 |
1,300.00 |
Description
£1300 with 08 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 15 |
|
| Payment options |
| scheduling: as scheduled |
| rounding: round using AwayFromZero |
| timeout: 3 |
| minimum: defer or write off up to 0.50 |
| level-payment option: similar 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: 71.48 % |
Initial APR: 1291 % |
| Level payment: 371.55 |
Final payment: 371.49 |
Last scheduled payment day: 160 |
| Total scheduled payments: 2,229.24 |
Total principal: 1,300.00 |
Total interest: 929.24 |
FSharp.Finance.Personal