Bridging Overpayment Interest Rebate Calculator
Uses 30/360 (DAYS360) convention: months with 31, 29, or 28 days are treated as 30.
Interest applied (£)
Interest rate
You can enter a percent (like
12%
) or a decimal (like
0.12
).
Date of overpayment (dd/mm/yyyy)
Next repayment date (dd/mm/yyyy)
Calculate
Clear
Interest rebate:
£0.00
Day-count (DAYS360):
0
days
Formula: interestApplied × interestRate × days / 360