Principal balance
$28,440
Advanced $28,440 on 08/11/26
Accrued interest
$216.00
Payoff today $28,656.00
Days on floor
48
Curtailment begins at day 90
Unit record
VIN
1FTEW1EP5NFA90112
Year
2022
Make
Ford
Model
Explorer XLT
Mileage
44,120
Dealer cost
$31,600
Advance rate
90%
Rate
9.25% APR
Floored
08/11/26
Dealer
CARite of Louisville
Ledger transactions
2 entries
2 entries
Advance
Floorplan advance at 90% of $31,600 cost
$28,440
08/11/26Debit $28,440.00
Interest accrual
Interest accrued at 9.25% APR
$28,440
09/10/26Debit $216.00
| Date | Type | Memo | Debit | Credit | Balance |
|---|---|---|---|---|---|
| 08/11/26 | Advance | Floorplan advance at 90% of $31,600 cost | $28,440.00 | — | $28,440 |
| 09/10/26 | Interest accrual | Interest accrued at 9.25% APR | $216.00 | — | $28,440 |
Advance, interest accruals, and curtailment activityPayoff $28,656.00