QuoteTest011
| Day |
Datestamp |
Advances |
Scheduled payment |
Window |
Payment due |
Actual payments |
Generated payment |
Net effect |
Payment status |
Balance status |
Simple interest |
New interest |
New charges |
Principal portion |
Fee portion |
Interest portion |
Charges portion |
Fee rebate |
Principal balance |
Fee balance |
Interest balance |
Charges balance |
Settlement figure |
Fee rebate if settled |
| 0 |
2024-01-29 |
400.00 |
n/a |
0 |
0.00 |
n/a |
n/a |
0.00 |
none scheduled |
open |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
400.00 |
0.00 |
0.0000 |
0.00 |
400.00 |
0.00 |
| 30 |
2024-02-28 |
n/a |
original 165.90 |
1 |
165.90 |
n/a |
495.76 |
495.76 |
generated |
closed |
95.7600 |
95.7600 |
n/a |
400.00 |
0.00 |
95.76 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
| 59 |
2024-03-28 |
n/a |
original 165.90 |
2 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
| 90 |
2024-04-28 |
n/a |
original 165.90 |
3 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
| 120 |
2024-05-28 |
n/a |
original 165.86 |
4 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
closed |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
Description
Settlement figure should not be lower than principal
Generated: 2025-04-28 using library version 2.2.10
Parameters
| Evaluation Date |
2024-02-28 |
| Start Date |
2024-01-29 |
| Principal |
400.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 4 |
| unit-period config: monthly from 2024-02 on 28 |
|
| Payment options |
| scheduling: as scheduled |
| rounding: rounded up |
| 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: rounded down |
APR method: UK FCA to 1 d.p. |
| initial grace period: 1 day(s) |
rate on negative balance: 8 % per year |
| promotional rates: n/a |
| cap: total 100 %; daily 0.8 % |
|
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 65.89 % |
Initial APR: 1262.8 % |
| Level payment: 165.90 |
Final payment: 165.86 |
Last scheduled payment day: 120 |
| Total scheduled payments: 663.56 |
Total principal: 400.00 |
Total interest: 263.56 |
Final Stats
| Generated settlement: 495.76 on day 30 |
Final balance status: closed |
| Effective interest rate: 0.1995 % per day |
Final cost-to-borrowing ratio: 23.94 % |
| Required scheduled payment count: 1 |
Last required scheduled payment day: 30 |
| Final actual payment count: 0 |
Last actual payment day: n/a |
FSharp.Finance.Personal