PaymentScheduleTest_Monthly_1500_fp16_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
16	454.43	191.5200	191.52	262.91	0.00	1,237.09	191.5200	191.52	262.91
47	454.43	306.0313	306.03	148.40	0.00	1,088.69	497.5513	497.55	411.31
78	454.43	269.3201	269.32	185.11	0.00	903.58	766.8715	766.87	596.42
107	454.43	209.1065	209.11	245.32	0.00	658.26	975.9779	975.98	841.74
138	454.43	162.8404	162.84	291.59	0.00	366.67	1,138.8183	1,138.82	1,133.33
168	454.45	87.7808	87.78	366.67	0.00	0.00	1,226.5991	1,226.60	1,500.00

Description

£1500 with 16 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 23
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: 81.77 %	Initial APR: 1295 %
Level payment: 454.43	Final payment: 454.45	Last scheduled payment day: 168
Total scheduled payments: 2,726.60	Total principal: 1,500.00	Total interest: 1,226.60