Interest is calculated on a daily basis. The formula for calculating interest is as follows:**Invested amount * Amount of days * Interest rate / 360**

If part of the invested capital is returned during the period of your investment, this has to be considered when calculating interest. This can be illustrated with the following example:

- You invest €1000 in a set of Notes with an interest rate of 10% for a period of 2 months, and the set of Notes has 10 underlying loans where total investment has been distributed as 100 EUR per underlying loan:

- For the first scheduled payment at 30 days, the calculation is as follows:
*100 EUR * 30 days * 10% / 360 = 0.83333333333 EUR interest (first payment).*

- If half of the invested capital is returned after 30 days, the calculation for the second month is based on the remaining outstanding investment of 50 EUR:
**50 EUR * 30 days * 10% / 360 = 0.41666666666 EUR interest (second payment).**

- In this scenario, the remaining 50 EUR are returned, and you have made a profit of 1.24999999999 EUR by investing 100 EUR over a period of 2 months.

The same calculation would be executed in each one of the underlying loans according to their payment schedule.