Payment Details
Status
Completed
Amount
$781.25
Payment Date
May 15, 2026
Accrual Period
Apr 15, 2026 – May 15, 2026
Days in Period
30 / 360
Principal Balance
$125,000.00
Interest Rate
7.5%
Processed At
May 01, 2026 13:00:01
Confirmed By
auto-scheduler
Calculation Verification $125,000.00 × 7.5% × 30/360 = $781.25
Audit Trail
Payment Created May 01, 2026 13:00:01
by system
{"principal": 125000.0, "annual_rate_pct": 7.5, "period_start": "2026-04-15", "period_end": "2026-05-15", "days_in_period": 30, "day_count_basis": 360, "convention": "ACT/360", "interest_amount": 781.25, "daily_rate": 0.00020833, "daily_interest": 26.04, "auto_execute": true}
Payment Processing Started May 01, 2026 13:00:01
by auto-scheduler
Processing $781.25 for loan MGN-2024-015
Payment Completed May 01, 2026 13:00:01
by auto-scheduler
Successfully processed $781.25