PaymentScheduleTest_Monthly_1300_fp12_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 |
| 12 |
382.69 |
124.4880 |
124.49 |
258.20 |
0.00 |
1,041.80 |
124.4880 |
124.49 |
258.20 |
| 43 |
382.69 |
257.7205 |
257.72 |
124.97 |
0.00 |
916.83 |
382.2085 |
382.21 |
383.17 |
| 74 |
382.69 |
226.8054 |
226.81 |
155.88 |
0.00 |
760.95 |
609.0139 |
609.02 |
539.05 |
| 103 |
382.69 |
176.0990 |
176.10 |
206.59 |
0.00 |
554.36 |
785.1129 |
785.12 |
745.64 |
| 134 |
382.69 |
137.1376 |
137.14 |
245.55 |
0.00 |
308.81 |
922.2505 |
922.26 |
991.19 |
| 164 |
382.74 |
73.9291 |
73.93 |
308.81 |
0.00 |
0.00 |
996.1796 |
996.19 |
1,300.00 |
Description
£1300 with 12 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 19 |
|
| 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: 76.63 % |
Initial APR: 1296.2 % |
| Level payment: 382.69 |
Final payment: 382.74 |
Last scheduled payment day: 164 |
| Total scheduled payments: 2,296.19 |
Total principal: 1,300.00 |
Total interest: 996.19 |
FSharp.Finance.Personal