Payment Details
Status
Completed
Amount
$5,729.17
Payment Date
May 01, 2026
Accrual Period
Apr 01, 2026 – May 01, 2026
Days in Period
30 / 360
Principal Balance
$1,250,000.00
Interest Rate
5.5%
Processed At
May 01, 2026 13:00:01
Confirmed By
auto-scheduler
Calculation Verification $1,250,000.00 × 5.5% × 30/360 = $5,729.17
Audit Trail
Payment Created May 01, 2026 13:00:01
by system
{"principal": 1250000.0, "annual_rate_pct": 5.5, "period_start": "2026-04-01", "period_end": "2026-05-01", "days_in_period": 30, "day_count_basis": 360, "convention": "ACT/360", "interest_amount": 5729.17, "daily_rate": 0.00015278, "daily_interest": 190.97, "auto_execute": true}
Payment Processing Started May 01, 2026 13:00:01
by auto-scheduler
Processing $5729.17 for loan SBL-2025-011
Payment Completed May 01, 2026 13:00:01
by auto-scheduler
Successfully processed $5729.17