PaymentScheduleTest_Monthly_1500_fp20_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
20	467.29	239.4000	239.40	227.89	0.00	1,272.11	239.4000	239.40	227.89
51	467.29	314.6946	314.69	152.60	0.00	1,119.51	554.0946	554.09	380.49
82	467.29	276.9444	276.94	190.35	0.00	929.16	831.0390	831.03	570.84
111	467.29	215.0262	215.03	252.26	0.00	676.90	1,046.0652	1,046.06	823.10
142	467.29	167.4515	167.45	299.84	0.00	377.06	1,213.5167	1,213.51	1,122.94
172	467.33	90.2682	90.27	377.06	0.00	0.00	1,303.7848	1,303.78	1,500.00

Description

£1500 with 20 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 27
Payment options	scheduling: as scheduled rounding: round using AwayFromZero timeout: 3 minimum: defer or write off up to 0.50 level-payment option: higher 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: 86.92 %	Initial APR: 1288.6 %
Level payment: 467.29	Final payment: 467.33	Last scheduled payment day: 172
Total scheduled payments: 2,803.78	Total principal: 1,500.00	Total interest: 1,303.78