PaymentScheduleTest_Monthly_1500_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 |
1,500.00 |
0.0000 |
0.00 |
0.00 |
| 4 |
415.84 |
47.8800 |
47.88 |
367.96 |
0.00 |
1,132.04 |
47.8800 |
47.88 |
367.96 |
| 35 |
415.84 |
280.0441 |
280.04 |
135.80 |
0.00 |
996.24 |
327.9241 |
327.92 |
503.76 |
| 66 |
415.84 |
246.4499 |
246.45 |
169.39 |
0.00 |
826.85 |
574.3739 |
574.37 |
673.15 |
| 95 |
415.84 |
191.3496 |
191.35 |
224.49 |
0.00 |
602.36 |
765.7235 |
765.72 |
897.64 |
| 126 |
415.84 |
149.0118 |
149.01 |
266.83 |
0.00 |
335.53 |
914.7354 |
914.73 |
1,164.47 |
| 156 |
415.86 |
80.3259 |
80.33 |
335.53 |
0.00 |
0.00 |
995.0612 |
995.06 |
1,500.00 |
Description
£1500 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 |
1,500.00 |
| 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: 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: 66.34 % |
Initial APR: 1277.7 % |
| Level payment: 415.84 |
Final payment: 415.86 |
Last scheduled payment day: 156 |
| Total scheduled payments: 2,495.06 |
Total principal: 1,500.00 |
Total interest: 995.06 |
FSharp.Finance.Personal