PaymentScheduleTest_Monthly_1300_fp24_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
24	414.91	248.9760	248.98	165.93	0.00	1,134.07	248.9760	248.98	165.93
55	414.91	280.5462	280.55	134.36	0.00	999.71	529.5222	529.53	300.29
84	414.91	231.3529	231.35	183.56	0.00	816.15	760.8751	760.88	483.85
115	414.91	201.8992	201.90	213.01	0.00	603.14	962.7743	962.78	696.86
145	414.91	144.3917	144.39	270.52	0.00	332.62	1,107.1660	1,107.17	967.38
176	414.90	82.2835	82.28	332.62	0.00	0.00	1,189.4496	1,189.45	1,300.00

Description

£1300 with 24 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 month-end
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: 91.5 %	Initial APR: 1280.4 %
Level payment: 414.91	Final payment: 414.90	Last scheduled payment day: 176
Total scheduled payments: 2,489.45	Total principal: 1,300.00	Total interest: 1,189.45