Understanding Hypercore's Loan Schedule
Last updated: August 26, 2026
Overview of the Loan Schedule
Hypercore's Loan Schedule is presented in the preview when the user sets the loan terms and after the terms have been submitted. It provides a view of loan transactions, repayments, and accruals. The schedule is designed to mirror familiar spreadsheet layout. It dynamically updates based on user inputs.
The schedule consists of multiple columns:
Date - Calendar date of the payment or schedule event.
Effective Date - The date used for interest accrual and schedule calculations. It can differ from the Date column - for example, when a payment is made in advance, or when only the payment date moves for weekends or holidays.
Transaction Type – Describes the event (e.g., Disbursement, Repayment, Accrual).
Exchange Rate - Exchange rate from the loan currency into the base currency on this row’s date.
Principal
Disbursement - Principal amount disbursed (or still expected to be disbursed) on this row, net of amounts already applied.
Principal Repayment – Principal paid on the transaction date.
Outstanding Principal – Remaining unpaid principal after the transaction.
Capitalized Balance - The current outstanding balance, including principal, compounded interest, and capitalized fees
Interest
Interest Rate - Interest rate applicable on this row for calculating daily interest accrual.
Int. Daily Accrual - Interest accrued on this day (daily interest charge).
Interest Repayment - Interest paid or expected to be paid on this row.
Accrued Interest - Interest accrued since the last interest accrual date; resets when a new accrual period starts.
Outstanding Interest - Unpaid interest balance remaining after this row.
Compounding (if applicable)
Compounding Rate - Compounding interest rate applicable on this row for calculating daily compounding accrual.
Comp. Daily Accrual - Compounding interest accrued on this day (daily compounding charge).
Compounding Repayment - Compounding interest paid or expected to be paid on this row.
Accrued Compounding - Compounding interest accrued since the last compounding accrual date; resets when a new compounding period starts.
Uncapitalized Compounding - Balance of accrued compounding interest that is not capitalized.
Outstanding Capitalized Compounding - Balance of accrued compounding interest that is capitalized.Outstanding Compounding – Remaining unpaid compounded amount.
Fees (if applicable)
Fee Repayment - Fees paid or expected to be paid on this row.
Fee Daily Charge - Fees charged on this day (daily fee charge).
Outstanding Fee - Unpaid fee balance remaining after this row.
Penelties (if applicable)
Penalty Repayment - Penalties paid or expected to be paid on this row.
Penalty Daily Charge - Penalties charged on this day (daily penalty charge).
Outstanding Penalty - Unpaid penalty balance remaining after this row.
Deposits (if applicable)
Deposit Payment - Deposit amount paid or applied on this row (fees flagged as deposits).
Deposit Balance - Remaining deposit balance after this row.
Taxes (if applicable)
Tax Repayment - Tax paid or expected to be paid on this row.
Tax Daily Charge - Tax charged on this day.
Outstanding Tax - Unpaid tax balance remaining after this row.
Total Position
Total Repayment - Total amount paid or expected on this row across all components, including taxes.
Outstanding - Total outstanding balance across all unpaid components after this row.
Original Issue Discount (OID) (if applicable)
OID Rate - Effective interest (OID) rate used to amortize remaining cost over the life of the loan.
OID Cost - OID amortization recognized on this row - typically the period’s effective interest minus contractual interest (and compounding); hover the cell for the component breakdown.
OID Interest - Cumulative OID interest accrued under the effective interest method through this row.
OID Remaining Cost - Unamortized remaining cost (carrying amount) used as the base for ongoing OID accrual.
Base Value - Daily Interest Calculation
Hypercore's schedule functionality incorporates daily interest calculations to deliver the most precise interest repayment outcomes. Users can define the basis for these calculations, choosing between 360 days per year, 365 days, 364 days, actual days in the year, and 30/actual days per month. This approach ensures:
Accurate accruals tracking on a day-to-day basis
Precise calculation of interest for partial periods
Better handling of irregular payment schedules
To view the detailed daily calculations, expand the loan schedule view and click on a 'big row'. This action will reveal all the underlying daily charged rows and transactions.
Example calculation based on the provided image:
For a loan balance of $1,000,000 with an annual interest rate of 10%, the daily interest for February 1 is calculated as follows:
(10% ÷ 365) × $1,000,000 = $273.97
This matches the structure shown in the schedule image, where each day's interest is computed individually.
30/360 Day Count
When Days in Month = 30 and Days in Year = 360, Hypercore uses the 30/360 convention.
Each month is treated as 30 interest days and the year as 360 interest days, even if the calendar month has 28 or 31 days. Daily interest is weighted so the period still accrues the correct 30/360 share:
Daily interest = (rate ÷ 360) × balance × (30 ÷ calendar days in period)Example
Loan balance: $1,000,000
Annual rate: 10%
Days settings: 30/360
Accrual: monthly
Calendar days in month | Daily interest |
|---|---|
30 | (10% ÷ 360) × $1,000,000 × (30 ÷ 30) = $277.78 |
31 | (10% ÷ 360) × $1,000,000 × (30 ÷ 31) = $267.86 |
In a 31-day month, each day accrues slightly less; in a shorter month, each day accrues slightly more. The month still targets 30/360 of the annual rate.
*If accrual is every 3 months, use 90 instead of 30 (30 × 3).
Schedule Filters
The schedule includes filtering options to display specific column types:
Show Principal - Show or hide detailed principal columns
Show Interest - Show or hide detailed interest columns
Show Compounding - Show or hide detailed compounding interest columns
Show Fees - Show or hide detailed fee columns
Show Penalties - Show or hide detailed penalties columns
Deposits - Show or hide deposit columns
Show Effective Date - Show or hide effective date column
Show Accrued Interest - Show or hide accrued (compounding) rows
Show Deleted Expected Repayments - Show previously deleted expected repayments
Past Expected Transactions Settings
By default, expected repayments are shown only after the last recorded transaction. Expected transactions dated in the past do not affect the schedule unless settings are adjusted to display them.
Show Accrual Setting
Enabling "Show Accrual" displays daily accrual rows, representing the interest accumulated each day.
Show Deleted Setting
The "Show Deleted Expected Repayments" setting allows users to display rows that were previously deleted from the schedule.
Other Columns Settings
Users can control which columns to display or hide to tailor the schedule view to their specific needs.
Past Expected Transactions
By default, Hypercore's schedule displays expected repayments after the last recorded transaction. Expected transactions dated in the past will not affect the schedule or reduce outstanding amounts unless settings are adjusted. Users can modify these settings to view all expected transactions, including those with past-dated entries.
Manual Expected Repayment Override
Users can manually set expected repayments by entering values in the designated yellow-highlighted manual amount fields, as shown in the image. This provides full control over how repayments are allocated, allowing precise adjustments when needed.
When to Use This vs. Update Terms
While many repayment adjustments should be handled using the "Update Terms" function, manual repayment overrides should be used for edge cases where updating loan terms is not feasible. Examples include:
Making a one-time adjustment without affecting future scheduled payments
Temporarily overriding a repayment amount due to an exceptional case
Managing a unique fee or penalty without altering the loan's structure
By using manual overrides selectively, users can maintain accurate repayment records while preserving loan terms for standard adjustments.
Step 1: Click the ellipsis menu next to the repayment and select "Update Expected Repayment"
Step 2: Enter the adjusted expected repayment breakdown.
Step 3: Click "Submit" to view the adjusted schedule. The yellow highlight showing $8.5K indicates the user-modified repayment amount. After applying an override, the system automatically recalculates interest and updates the schedule.
Users can also revert an override if needed, which restores the original expected repayment values. The following image shows how to revert an override in the schedule.
Multiple Schedule Views
Hypercore provides three distinct schedule views:
Current Schedule (Schedule): Displays all live transactions and updates, reflecting both past and present activities of the loan, showing the actual current loan position. Future outstanding principal and interest calculations exclude any planned future disbursements
Expected Schedule: Displays projected future transactions based on current loan terms, including expected repayments. Future outstanding principal and interest calculations incorporate planned future disbursements. This view helps users anticipate upcoming cash flows and assess future loan activity.
Original Schedule: Preserves the loan's initial schedule before any modifications, providing a reference for comparison against expected and current schedules. This view does not reflect any term updates, repayments, or disbursements made after the loan's inception.
Draft Schedule: Available only when Control Layer is enabled and the loan has a pending Change Request. Displays a preview of how the schedule will look if the pending changes are approved.
Multi-Tranche Facility Schedule
The platform supports multi-tranche loan management:
The schedule combines transactions and expected repayments from all tranches, providing a comprehensive view of loan activity.
Each daily charge row shows the total interest charges across all tranches. For instance, if Tranche A accrues $500 in daily interest and Tranche B accrues $700, the schedule shows a consolidated daily charge of $1,200.
Example image:
