The scenario
Auto Finance Co originates a 60-month, 4.5% APR loan of 25,000 USD to a borrower, disburses it, accrues the first month's interest of 95.89 USD, expects a first scheduled payment of 466.08 USD, and receives it on time.
How FORAY models it
The Arrangement records the loan agreement — parties (F5), effective date (F11), and amount (F7). The loan's mechanical terms (rate, term, monthly payment) are scenario residue in the element's F25. The Accrual computes month-one interest through the formula block; the Anticipation expects the scheduled payment with its date (F27) and probability factor (F28); two Actions record disbursement and the received payment, the latter allocating its amount to the Anticipation it settles.
What to observe in the record
- The disbursement Action has an empty allocations story — it settles no prior expectation; the payment Action allocates in full with a stated remaining balance of 0.
- The accounting entry and fiscal period ride in residue: information about the record’s bookkeeping, not Root facts.
- Document titles ride in residue too — artifact references (
F29) are reserved for digest-identified artifacts.
The record
Wire 4.2 record
This record is a teaching example, emitted by the FORAY generator (template auto-loan) — not hand-written. No blockchain anchoring has occurred or is implied; anchor-related fields are placeholders. Parties, amounts, and dates are illustrative. Wire keys are catalog codes (F-codes); the readable names used in the prose above are the implementer register, which never appears in hashed bytes.
{
"F1": "AUTO_LOAN_2026_Q1_JOHN_DOE",
"F2": "AUTO_LOAN_2026_Q1_JOHN_DOE",
"F3": "Auto Finance Co",
"F7": 25000,
"F8": "USD",
"F15": "active",
"F25": {
"compliance_flags": [
"Consumer_Credit",
"Truth_in_Lending_Act",
"Reg_Z"
]
},
"F26": "auto_loan",
"schema_version": "4.2",
"timestamp": "2026-01-23T15:00:00Z",
"arrangements": [
{
"F4": "auto_loan",
"F5": [
{
"jurisdiction": "US",
"name": "Auto Finance Co",
"role": "lender"
},
{
"jurisdiction": "US",
"name": "John Doe",
"role": "borrower"
}
],
"F7": 25000,
"F11": "2026-01-23T00:00:00Z",
"F25": {
"description": "60-month auto loan at 4.5% APR",
"interest_rate": 0.045,
"legal_documents": [
"Auto Loan Agreement",
"Truth in Lending Disclosure"
],
"monthly_payment": 466.08,
"principal_amount": 25000,
"term_months": 60
},
"id": "ARR_AUTO_LOAN_AGREEMENT"
}
],
"accruals": [
{
"F4": "interest_expense",
"F17": "Calculated",
"F18": "hash_1a9c4e7f2b5d80361927c4e7a0b3d6f9",
"F19": {
"annual_rate": 0.045,
"days_in_month": 31,
"principal": 25000
},
"F20": 95.89,
"F22": [
"ARR_AUTO_LOAN_AGREEMENT"
],
"F25": {
"accounting_entry": {
"credit": {
"account": "2200-Interest Payable",
"amount": 95.89
},
"debit": {
"account": "7100-Interest Expense",
"amount": 95.89
}
},
"description": "Interest accrual month 1 at 4.5% APR",
"fiscal_period": {
"month": 1,
"quarter": 1,
"year": 2026
}
},
"id": "ACC_INTEREST_MONTH_1"
}
],
"anticipations": [
{
"F4": "scheduled_payment",
"F10": 466.08,
"F22": [
"ARR_AUTO_LOAN_AGREEMENT"
],
"F23": [
"ACC_INTEREST_MONTH_1"
],
"F25": {
"assumptions": {
"interest_portion": 95.89,
"principal_portion": 370.19
},
"description": "Expected payment 1: 466.08 USD"
},
"F27": "2026-02-23",
"F28": 0.95,
"id": "ANT_PAYMENT_1"
}
],
"actions": [
{
"F4": "loan_disbursement",
"F6": "John Doe",
"F9": 25000,
"F12": "2026-01-23T10:00:00Z",
"F15": "completed",
"F16": "wire",
"F22": [
"ARR_AUTO_LOAN_AGREEMENT"
],
"F23": [],
"F24": [],
"F25": {
"description": "Initial loan disbursement",
"vehicle": {
"make": "Honda",
"model": "Accord",
"vin": "1HGBH41JXMN109186",
"year": 2024
}
},
"id": "ACT_LOAN_ORIGINATION"
},
{
"F4": "loan_payment",
"F6": "John Doe",
"F9": 466.08,
"F12": "2026-02-23T09:15:00Z",
"F15": "completed",
"F16": "ach",
"F21": [
{
"allocation_type": "full",
"amount": 466.08,
"currency": "USD",
"ref": "ANT_PAYMENT_1",
"ref_type": "anticipation",
"remaining_balance": 0
}
],
"F22": [
"ARR_AUTO_LOAN_AGREEMENT"
],
"F23": [
"ACC_INTEREST_MONTH_1"
],
"F24": [
"ANT_PAYMENT_1"
],
"F25": {
"breakdown": {
"interest_applied": 95.89,
"principal_applied": 370.19
},
"description": "First monthly payment received",
"variance": {
"actual": 466.08,
"difference": 0,
"expected": 466.08
}
},
"id": "ACT_PAYMENT_1"
}
],
"component_hashes": {
"accruals": "sha256:PLACEHOLDER",
"actions": "sha256:PLACEHOLDER",
"anticipations": "sha256:PLACEHOLDER",
"arrangements": "sha256:PLACEHOLDER"
},
"merkle_root": "sha256:PLACEHOLDER",
"blockchain_anchor": {
"anchored_at": null,
"block_height": null,
"confirmation_time_ms": null,
"kaspa_tx_id": null
}
}Canonical form — the hashed bytes
The canonical byte form is a single line: F-coded members in ascending numeric order, envelope members in their ruled enumeration, one legal spelling per number. The hash below is computed over exactly the bytes shown — copy the line into any SHA-256 tool to reproduce it.
{"F1":"AUTO_LOAN_2026_Q1_JOHN_DOE","F2":"AUTO_LOAN_2026_Q1_JOHN_DOE","F3":"Auto Finance Co","F7":25000,"F8":"USD","F15":"active","F25":{"compliance_flags":["Consumer_Credit","Truth_in_Lending_Act","Reg_Z"]},"F26":"auto_loan","schema_version":"4.2","timestamp":"2026-01-23T15:00:00Z","arrangements":[{"F4":"auto_loan","F5":[{"jurisdiction":"US","name":"Auto Finance Co","role":"lender"},{"jurisdiction":"US","name":"John Doe","role":"borrower"}],"F7":25000,"F11":"2026-01-23T00:00:00Z","F25":{"description":"60-month auto loan at 4.5% APR","interest_rate":0.045,"legal_documents":["Auto Loan Agreement","Truth in Lending Disclosure"],"monthly_payment":466.08,"principal_amount":25000,"term_months":60},"id":"ARR_AUTO_LOAN_AGREEMENT"}],"accruals":[{"F4":"interest_expense","F17":"Calculated","F18":"hash_1a9c4e7f2b5d80361927c4e7a0b3d6f9","F19":{"annual_rate":0.045,"days_in_month":31,"principal":25000},"F20":95.89,"F22":["ARR_AUTO_LOAN_AGREEMENT"],"F25":{"accounting_entry":{"credit":{"account":"2200-Interest Payable","amount":95.89},"debit":{"account":"7100-Interest Expense","amount":95.89}},"description":"Interest accrual month 1 at 4.5% APR","fiscal_period":{"month":1,"quarter":1,"year":2026}},"id":"ACC_INTEREST_MONTH_1"}],"anticipations":[{"F4":"scheduled_payment","F10":466.08,"F22":["ARR_AUTO_LOAN_AGREEMENT"],"F23":["ACC_INTEREST_MONTH_1"],"F25":{"assumptions":{"interest_portion":95.89,"principal_portion":370.19},"description":"Expected payment 1: 466.08 USD"},"F27":"2026-02-23","F28":0.95,"id":"ANT_PAYMENT_1"}],"actions":[{"F4":"loan_disbursement","F6":"John Doe","F9":25000,"F12":"2026-01-23T10:00:00Z","F15":"completed","F16":"wire","F22":["ARR_AUTO_LOAN_AGREEMENT"],"F23":[],"F24":[],"F25":{"description":"Initial loan disbursement","vehicle":{"make":"Honda","model":"Accord","vin":"1HGBH41JXMN109186","year":2024}},"id":"ACT_LOAN_ORIGINATION"},{"F4":"loan_payment","F6":"John Doe","F9":466.08,"F12":"2026-02-23T09:15:00Z","F15":"completed","F16":"ach","F21":[{"allocation_type":"full","amount":466.08,"currency":"USD","ref":"ANT_PAYMENT_1","ref_type":"anticipation","remaining_balance":0}],"F22":["ARR_AUTO_LOAN_AGREEMENT"],"F23":["ACC_INTEREST_MONTH_1"],"F24":["ANT_PAYMENT_1"],"F25":{"breakdown":{"interest_applied":95.89,"principal_applied":370.19},"description":"First monthly payment received","variance":{"actual":466.08,"difference":0,"expected":466.08}},"id":"ACT_PAYMENT_1"}],"component_hashes":{"accruals":"sha256:PLACEHOLDER","actions":"sha256:PLACEHOLDER","anticipations":"sha256:PLACEHOLDER","arrangements":"sha256:PLACEHOLDER"},"merkle_root":"sha256:PLACEHOLDER","blockchain_anchor":{"anchored_at":null,"block_height":null,"confirmation_time_ms":null,"kaspa_tx_id":null}}Canonical-bytes SHA-256: a5bb63f076cfcb4cd3bd902ff2d51214e68fe12ef8121b9ba04bdd93febaab17
Validated against the live validator (POST /api/validate-foray): 0 errors, 0 warnings.