Payment Details
Status
Completed
Amount
$8,944.44
Payment Date
March 01, 2026
Accrual Period
Feb 01, 2026 – Mar 01, 2026
Days in Period
28 / 360
Principal Balance
$2,000,000.00
Interest Rate
5.75%
Processed At
Mar 02, 2026 09:00:00
Confirmed By
system
Calculation Verification $2,000,000.00 × 5.75% × 28/360 = $8,944.44
Audit Trail
Payment Created Apr 08, 2026 21:32:41
by system
{"principal": 2000000, "annual_rate_pct": 5.75, "period_start": "2026-02-01", "period_end": "2026-03-01", "days_in_period": 28, "day_count_basis": 360, "convention": "ACT/360", "interest_amount": 8944.44, "daily_rate": 0.00015972, "daily_interest": 319.44}
Payment Completed Apr 08, 2026 21:32:41
by system
Successfully processed $8944.44