Payment Details
Status
Completed
Amount
$807.29
Payment Date
June 15, 2026
Accrual Period
May 15, 2026 – Jun 15, 2026
Days in Period
31 / 360
Principal Balance
$125,000.00
Interest Rate
7.5%
Processed At
Jun 01, 2026 13:00:02
Confirmed By
auto-scheduler
Calculation Verification $125,000.00 × 7.5% × 31/360 = $807.29
Audit Trail
Payment Created Jun 01, 2026 13:00:02
by system
{"principal": 125000.0, "annual_rate_pct": 7.5, "period_start": "2026-05-15", "period_end": "2026-06-15", "days_in_period": 31, "day_count_basis": 360, "convention": "ACT/360", "interest_amount": 807.29, "daily_rate": 0.00020833, "daily_interest": 26.04, "auto_execute": true}
Payment Processing Started Jun 01, 2026 13:00:02
by auto-scheduler
Processing $807.29 for loan MGN-2024-015
Payment Completed Jun 01, 2026 13:00:02
by auto-scheduler
Successfully processed $807.29