PaymentScheduleTest_Monthly_1500_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	1,500.00	0.0000	0.00	0.00
8	428.71	95.7600	95.76	332.95	0.00	1,167.05	95.7600	95.76	332.95
39	428.71	288.7048	288.70	140.01	0.00	1,027.04	384.4648	384.46	472.96
70	428.71	254.0692	254.07	174.64	0.00	852.40	638.5340	638.53	647.60
99	428.71	197.2624	197.26	231.45	0.00	620.95	835.7964	835.79	879.05
130	428.71	153.6106	153.61	275.10	0.00	345.85	989.4070	989.40	1,154.15
160	428.65	82.7965	82.80	345.85	0.00	0.00	1,072.2035	1,072.20	1,500.00

Description

£1500 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	1,500.00
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: 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: 71.48 %	Initial APR: 1290.9 %
Level payment: 428.71	Final payment: 428.65	Last scheduled payment day: 160
Total scheduled payments: 2,572.20	Total principal: 1,500.00	Total interest: 1,072.20