InitialStats Type
final statistics based on the payments being made on time and in full
Record fields
Record Field |
Description
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the amount of the final payment
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the APR according to the calculation method specified in the schedule parameters and based on the schedule being settled as agreed
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the cost of borrowing, expressed as a ratio of interest to principal
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the initial interest balance when using the add-on interest method
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the total interest accrued
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the final day of the schedule, expressed as an offset from the start date
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the amount of all the payments except the final one
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the total principal paid, which should equal the initial advance (principal)
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the total of all payments
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