Payment Details
Status
Completed
Amount
$5,920.14
Payment Date
June 01, 2026
Accrual Period
May 01, 2026 – Jun 01, 2026
Days in Period
31 / 360
Principal Balance
$1,250,000.00
Interest Rate
5.5%
Processed At
Jun 01, 2026 13:00:02
Confirmed By
auto-scheduler
Calculation Verification $1,250,000.00 × 5.5% × 31/360 = $5,920.14
Audit Trail
Payment Created Jun 01, 2026 13:00:02
by system
{"principal": 1250000.0, "annual_rate_pct": 5.5, "period_start": "2026-05-01", "period_end": "2026-06-01", "days_in_period": 31, "day_count_basis": 360, "convention": "ACT/360", "interest_amount": 5920.14, "daily_rate": 0.00015278, "daily_interest": 190.97, "auto_execute": true}
Payment Processing Started Jun 01, 2026 13:00:02
by auto-scheduler
Processing $5920.14 for loan SBL-2025-011
Payment Completed Jun 01, 2026 13:00:02
by auto-scheduler
Successfully processed $5920.14