PaymentScheduleTest_Monthly_1500_fp32_r5
| 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 |
| 32 |
554.53 |
383.0400 |
383.04 |
171.49 |
0.00 |
1,328.51 |
383.0400 |
383.04 |
171.49 |
| 63 |
554.53 |
328.6468 |
328.65 |
225.88 |
0.00 |
1,102.63 |
711.6868 |
711.69 |
397.37 |
| 92 |
554.53 |
255.1706 |
255.17 |
299.36 |
0.00 |
803.27 |
966.8574 |
966.86 |
696.73 |
| 123 |
554.53 |
198.7129 |
198.71 |
355.82 |
0.00 |
447.45 |
1,165.5704 |
1,165.57 |
1,052.55 |
| 153 |
554.57 |
107.1195 |
107.12 |
447.45 |
0.00 |
0.00 |
1,272.6899 |
1,272.69 |
1,500.00 |
Description
£1500 with 32 days to first payment and 5 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 5 |
| unit-period config: monthly from 2024-01 on 08 |
|
| 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: 84.85 % |
Initial APR: 1249.8 % |
| Level payment: 554.53 |
Final payment: 554.57 |
Last scheduled payment day: 153 |
| Total scheduled payments: 2,772.69 |
Total principal: 1,500.00 |
Total interest: 1,272.69 |
FSharp.Finance.Personal