PaymentScheduleTest_Monthly_1500_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	1,500.00	0.0000	0.00	0.00
24	478.74	287.2800	287.28	191.46	0.00	1,308.54	287.2800	287.28	191.46
55	478.74	323.7066	323.71	155.03	0.00	1,153.51	610.9866	610.99	346.49
84	478.74	266.9453	266.95	211.79	0.00	941.72	877.9319	877.94	558.28
115	478.74	232.9627	232.96	245.78	0.00	695.94	1,110.8946	1,110.90	804.06
145	478.74	166.6080	166.61	312.13	0.00	383.81	1,277.5026	1,277.51	1,116.19
176	478.76	94.9469	94.95	383.81	0.00	0.00	1,372.4496	1,372.46	1,500.00

Description

£1500 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	1,500.00
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: 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: 91.5 %	Initial APR: 1280.4 %
Level payment: 478.74	Final payment: 478.76	Last scheduled payment day: 176
Total scheduled payments: 2,872.46	Total principal: 1,500.00	Total interest: 1,372.46