UnitPeriodConfigTest003
| 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 |
2022-10-13 |
500.00 |
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 |
500.00 |
772.35 |
0.0000 |
0.00 |
1,272.35 |
772.35 |
| 12 |
2022-10-25 |
n/a |
n/a |
0 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
extra payment |
open |
4.1622 |
4.1622 |
n/a |
51.27 |
79.22 |
4.16 |
0.00 |
0.00 |
448.73 |
693.13 |
0.0000 |
0.00 |
429.30 |
712.56 |
| 15 |
2022-10-28 |
n/a |
original 118.37 |
1 |
0.00 |
n/a |
n/a |
0.00 |
nothing due |
open |
0.9338 |
0.9338 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
448.73 |
693.13 |
0.9338 |
0.00 |
445.18 |
697.61 |
| 26 |
2022-11-08 |
n/a |
n/a |
1 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
extra payment |
open |
3.4240 |
3.4240 |
n/a |
51.20 |
79.10 |
4.35 |
0.00 |
0.00 |
397.53 |
614.03 |
0.0000 |
0.00 |
368.76 |
642.80 |
| 29 |
2022-11-11 |
n/a |
original 118.37 |
2 |
0.00 |
n/a |
n/a |
0.00 |
nothing due |
open |
0.8273 |
0.8273 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
397.53 |
614.03 |
0.8273 |
0.00 |
384.53 |
627.85 |
| 41 |
2022-11-23 |
n/a |
n/a |
2 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
extra payment |
open |
3.3090 |
3.3090 |
n/a |
51.29 |
79.23 |
4.13 |
0.00 |
0.00 |
346.24 |
534.80 |
0.0000 |
0.00 |
312.98 |
568.06 |
| 43 |
2022-11-25 |
n/a |
original 118.37 |
3 |
0.00 |
n/a |
n/a |
0.00 |
nothing due |
open |
0.4803 |
0.4803 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
346.24 |
534.80 |
0.4803 |
0.00 |
323.43 |
558.09 |
| 54 |
2022-12-06 |
n/a |
n/a |
3 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
extra payment |
open |
2.6419 |
2.6419 |
n/a |
51.68 |
79.85 |
3.12 |
0.00 |
0.00 |
294.56 |
454.95 |
0.0000 |
0.00 |
246.23 |
503.28 |
| 57 |
2022-12-09 |
n/a |
original 118.37 |
4 |
0.00 |
n/a |
n/a |
0.00 |
nothing due |
open |
0.6130 |
0.6130 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
294.56 |
454.95 |
0.6130 |
0.00 |
261.79 |
488.33 |
| 71 |
2022-12-23 |
n/a |
original 118.37 |
5 |
53.25 |
n/a |
n/a |
0.00 |
paid later in full |
open |
2.8605 |
2.8605 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
294.56 |
454.95 |
3.4734 |
0.00 |
334.41 |
418.57 |
| 73 |
2022-12-25 |
n/a |
n/a |
5 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
extra payment |
open |
0.4086 |
0.4086 |
n/a |
51.38 |
79.39 |
3.88 |
0.00 |
0.00 |
243.18 |
375.56 |
0.0000 |
0.00 |
210.14 |
408.60 |
| 85 |
2023-01-06 |
n/a |
original 118.37 |
6 |
36.97 |
n/a |
n/a |
0.00 |
paid later in full |
open |
2.0240 |
2.0240 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
243.18 |
375.56 |
2.0240 |
0.00 |
271.95 |
348.81 |
| 88 |
2023-01-09 |
n/a |
n/a |
6 |
0.00 |
confirmed 135.62 |
n/a |
135.62 |
extra payment |
open |
0.5060 |
0.5060 |
n/a |
52.30 |
80.79 |
2.53 |
0.00 |
0.00 |
190.88 |
294.77 |
0.0000 |
0.00 |
151.79 |
333.86 |
| 99 |
2023-01-20 |
n/a |
original 118.37 |
7 |
19.72 |
n/a |
n/a |
0.00 |
paid later in full |
open |
1.4563 |
1.4563 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
190.88 |
294.77 |
1.4563 |
0.00 |
208.05 |
279.05 |
| 101 |
2023-01-22 |
n/a |
n/a |
7 |
0.00 |
confirmed 135.80 |
n/a |
135.80 |
extra payment |
open |
0.2648 |
0.2648 |
n/a |
52.68 |
81.40 |
1.72 |
0.00 |
0.00 |
138.20 |
213.37 |
0.0000 |
0.00 |
82.49 |
269.08 |
| 113 |
2023-02-03 |
n/a |
original 118.37 |
8 |
2.29 |
n/a |
n/a |
0.00 |
paid later in full |
open |
1.1501 |
1.1501 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
138.20 |
213.37 |
1.1501 |
0.00 |
143.43 |
209.29 |
| 117 |
2023-02-07 |
n/a |
n/a |
8 |
0.00 |
confirmed 136.95 |
n/a |
136.95 |
extra payment |
open |
0.3834 |
0.3834 |
n/a |
53.21 |
82.21 |
1.53 |
0.00 |
0.00 |
84.99 |
131.16 |
0.0000 |
0.00 |
26.79 |
189.36 |
| 127 |
2023-02-17 |
n/a |
original 118.37 |
9 |
0.00 |
confirmed 134.65 |
n/a |
134.65 |
overpayment |
refund due |
0.5892 |
0.5892 |
n/a |
134.07 |
0.00 |
0.58 |
0.00 |
139.53 |
-49.08 |
-8.37 |
0.0000 |
0.00 |
-57.45 |
139.53 |
| 134 |
2023-02-24 |
n/a |
n/a |
9 |
0.00 |
confirmed 155.60 |
n/a |
155.60 |
overpayment |
refund due |
0.0000 |
0.0000 |
n/a |
163.97 |
-8.37 |
0.00 |
0.00 |
0.00 |
-213.05 |
0.00 |
0.0000 |
0.00 |
-213.05 |
104.65 |
| 141 |
2023-03-03 |
n/a |
original 118.37 |
10 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
refund due |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-213.05 |
0.00 |
0.0000 |
0.00 |
-213.05 |
0.00 |
| 155 |
2023-03-17 |
n/a |
original 118.26 |
11 |
0.00 |
n/a |
n/a |
0.00 |
no longer required |
refund due |
0.0000 |
0.0000 |
n/a |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-213.05 |
0.00 |
0.0000 |
0.00 |
-213.05 |
0.00 |
| 509 |
2024-03-05 |
n/a |
n/a |
11 |
0.00 |
n/a |
-213.05 |
-213.05 |
generated |
closed |
0.0000 |
0.0000 |
n/a |
-213.05 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
Description
Irregular payment schedule does not break APR calculation
Generated: 2025-04-17 using library version 2.2.0
Parameters
| As-of |
2024-03-05 |
| Start |
2022-10-13 |
| Principal |
500.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: payment count 11 |
| unit-period config: 2-weekly from 2022-10-28 |
|
| 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 |
| fee type: CAB/CSO fee 154.47 % |
rounding: rounded down |
| fee amortisation: amortise proportionately |
settlement rebate: pro-rata rebate |
|
| Charge options |
no charges
|
| Interest options |
| standard rate: 9.95 % per year |
method: simple |
| rounding: rounded down |
APR method: US CFPB actuarial to 3 d.p. |
| initial grace period: 3 day(s) |
rate on negative balance: zero |
| promotional rates: n/a |
| cap: total n/a; daily n/a |
|
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 63.03 % |
Initial APR: 527.072 % |
| Level payment: 118.37 |
Final payment: 118.26 |
Final scheduled payment day: 155 |
| Total scheduled payments: 1,301.96 |
Total principal: 1,272.35 |
Total interest: 29.61 |
Final Stats
| Effective interest rate: 0.004509149741 % per day |
Final cost-to-borrowing ratio: 131.76 % |
Final APR: 930.559 % |
| Final scheduled payment count: 11 |
Final actual payment count: 10 |
Final actual payment day: 134 |
FSharp.Finance.Personal