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Cash and PIK interest checker
Separate cash interest from principal growth under one fixed opening-balance PIK period.
Cash and PIK interest checker is a free AI skill for the job "Handle money and investing". Give the instructions to an AI assistant that supports the required files and tools, then review its output.
Free · No account · Made by AI Blocks · Level: advanced · Thinking: high
What it does
Cash interest, capitalized interest and ending principal. Private credit interest. Illustrative figures only. 100 at8% cash and4% PIK for one year costs8 cash and adds4 principal. Half a year halves both charges.
You give it
- Opening principal, fixed cash coupon, fixed PIK coupon, agreed year fraction and capitalization timing.
- Reporting date, currency and scale, fiscal calendar, accounting basis and authorized scope.
- Available spreadsheet tools and required native output format.
You get
- Cash interest, capitalized interest and ending principal.
- An illustrative editable workbook, input schema, executable calculation reference and golden test cases.
- Reconciliation results, unresolved inputs and actual checks completed.
Use it when
- You need cash interest, capitalized interest and ending principal.
- You work on private credit interest and need traceable calculations.
- A reviewer needs to trace the result back to inputs and assumptions.
How to use it
- Download the complete pack and read its governing SKILL.md.
- Share the actual sources and the financial question you need answered.
- Ask your AI to follow the methods, preserve original files and stop affected work on missing evidence.
- Review assumptions, reconciliations and CHECKS MISSED before relying on the result.