{"id":21659,"date":"2026-01-11T07:34:15","date_gmt":"2026-01-11T12:34:15","guid":{"rendered":"https:\/\/www.original-margill.local\/en\/?post_type=ufaq&amp;p=20323"},"modified":"2026-01-11T07:34:15","modified_gmt":"2026-01-11T12:34:15","slug":"what-is-the-difference-between-30-360-and-actual-365-day-count-conventions","status":"publish","type":"ufaq","link":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/","title":{"rendered":"What is the difference between 30\/360 and Actual\/365 day-count conventions?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct ewd-ufaq-category-tabs-\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='title' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='asc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/en\/wp-json\/wp\/v2\/ufaq\/21659' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-21659-mdYB5dG7BJ' data-post_id='21659'>\n\n\t\t\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#' role=\"button\">\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-'>\n\t\t\t<span >A<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h3>\n\t\t\t\tWhat is the difference between 30\/360 and Actual\/365 day-count conventions?\t\t\t<\/h3>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body' >\n\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t\n<p class=\"wp-block-paragraph\">Day-count conventions define how the system converts calendar time into interest calculations. Under 30\/360, every month is assumed to have 30 days and the year 360 days, commonly used in corporate and municipal lending. Under Actual\/365, interest is calculated using the actual number of days divided by 365. These conventions materially affect interest amounts over time. The user has the option to apply the proper convention according to their needs. Other day-count conventions available include Actual\/Actual and Actual\/360.<br><\/p>\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A What is the difference between 30\/360 and Actual\/365 day-count conventions? Day-count conventions define how the system converts calendar time into interest calculations. Under 30\/360, every month is assumed to have 30 days and the year 360 days, commonly used in corporate and municipal lending. Under Actual\/365, interest is calculated using the actual number of [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[426],"ufaq-tag":[],"class_list":["post-21659","ufaq","type-ufaq","status-publish","hentry","ufaq-category-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill\" \/>\r\n<meta property=\"og:description\" content=\"A What is the difference between 30\/360 and Actual\/365 day-count conventions? Day-count conventions define how the system converts calendar time into interest calculations. Under 30\/360, every month is assumed to have 30 days and the year 360 days, commonly used in corporate and municipal lending. Under Actual\/365, interest is calculated using the actual number of [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Margill\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/\",\"url\":\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/\",\"name\":\"What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/#website\"},\"datePublished\":\"2026-01-11T12:34:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/margill.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FAQs\",\"item\":\"https:\/\/margill.com\/en\/ufaq\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What is the difference between 30\/360 and Actual\/365 day-count conventions?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/margill.com\/en\/#website\",\"url\":\"https:\/\/margill.com\/en\/\",\"name\":\"Margill\",\"description\":\"Loan Servicing Solutions \/ Interest Calculators\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/margill.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/","og_locale":"en_US","og_type":"article","og_title":"What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill","og_description":"A What is the difference between 30\/360 and Actual\/365 day-count conventions? Day-count conventions define how the system converts calendar time into interest calculations. Under 30\/360, every month is assumed to have 30 days and the year 360 days, commonly used in corporate and municipal lending. Under Actual\/365, interest is calculated using the actual number of [&hellip;]","og_url":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/","og_site_name":"Margill","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/","url":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/","name":"What is the difference between 30\/360 and Actual\/365 day-count conventions? - Margill","isPartOf":{"@id":"https:\/\/margill.com\/en\/#website"},"datePublished":"2026-01-11T12:34:15+00:00","breadcrumb":{"@id":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/margill.com\/en\/ufaq\/what-is-the-difference-between-30-360-and-actual-365-day-count-conventions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/margill.com\/en\/"},{"@type":"ListItem","position":2,"name":"FAQs","item":"https:\/\/margill.com\/en\/ufaq\/"},{"@type":"ListItem","position":3,"name":"What is the difference between 30\/360 and Actual\/365 day-count conventions?"}]},{"@type":"WebSite","@id":"https:\/\/margill.com\/en\/#website","url":"https:\/\/margill.com\/en\/","name":"Margill","description":"Loan Servicing Solutions \/ Interest Calculators","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/margill.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/ufaq\/21659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/comments?post=21659"}],"wp:attachment":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/media?parent=21659"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/ufaq-category?post=21659"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/ufaq-tag?post=21659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}