RepaymentSpecification

A Schema.org Type

This term is in the "new" area - implementation feedback and adoption from applications and websites can help improve our definitions.

Thing > Intangible > StructuredValue > RepaymentSpecification

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Canonical URL: https://schema.org/RepaymentSpecification
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A structured value representing repayment.

Property	Expected Type	Description
Properties from RepaymentSpecification
`downPayment`	MonetaryAmount or Number	a type of payment made in cash during the onset of the purchase of an expensive good/service. The payment typically represents only a percentage of the full purchase price.
`earlyPrepaymentPenalty`	MonetaryAmount	The amount to be paid as a penalty in the event of early payment of the loan.
`loanPaymentAmount`	MonetaryAmount	The amount of money to pay in a single payment.
`loanPaymentFrequency`	Number	Frequency of payments due, i.e. number of months between payments. This is defined as a frequency, i.e. the reciprocal of a period of time.
`numberOfLoanPayments`	Number	The number of payments contractually required at origination to repay the loan. For monthly paying loans this is the number of months from the contractual first payment date to the maturity date.
Properties from Thing
`additionalType`	Text or URL	An additional type for the item, typically used for adding more specific types from external vocabularies in microdata syntax. This is a relationship between something and a class that the thing is in. Typically the value is a URI-identified RDF class, and in this case corresponds to the use of rdf:type in RDF. Text values can be used sparingly, for cases where useful information can be added without their being an appropriate schema to reference. In the case of text values, the class label should follow the schema.org style guide
`alternateName`	Text	An alias for the item.
`description`	Text or TextObject	A description of the item.
`disambiguatingDescription`	Text	A sub property of description. A short description of the item used to disambiguate from other, similar items. Information from other properties (in particular, name) may be necessary for the description to be useful for disambiguation.
`identifier`	PropertyValue or Text or URL	The identifier property represents any kind of identifier for any kind of Thing, such as ISBNs, GTIN codes, UUIDs etc. Schema.org provides dedicated properties for representing many of these, either as textual strings or as URL (URI) links. See background notes for more details.
`image`	ImageObject or URL	An image of the item. This can be a URL or a fully described ImageObject.
`mainEntityOfPage`	CreativeWork or URL	Indicates a page (or other CreativeWork) for which this thing is the main entity being described. See background notes for details. Inverse property: mainEntity
`name`	Text	The name of the item.
`potentialAction`	Action	Indicates a potential Action, which describes an idealized action in which this thing would play an 'object' role.
`sameAs`	URL	URL of a reference Web page that unambiguously indicates the item's identity. E.g. the URL of the item's Wikipedia page, Wikidata entry, or official website.
`subjectOf`	CreativeWork or Event	A CreativeWork or Event about this Thing. Inverse property: about
`url`	URL	URL of the item.

Instances of RepaymentSpecification may appear as a value for the following properties

Property	On Types	Description
loanRepaymentForm	LoanOrCredit	A form of paying back money previously borrowed from a lender. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each payment.

Acknowledgements

Financial Industry Business Ontology project

This element is based on the work of the Financial Industry Business Ontology project (see http://www.fibo.org/schema for details), in support of the W3C Financial Industry Business Ontology Community Group (http://www.fibo.org/community). Many class and property definitions are inspired by or based on http://www.fibo.org.

Source

https://github.com/schemaorg/schemaorg/issues/1253

Examples

Example 1

No Markup Microdata RDFa JSON-LD Structure

Example notes or example HTML without markup.

<div>
  <h1>Agency 30 Year Fixed</h1>
  <p>Experience easier budgeting with predictable monthly payments. Relax knowing you’ll never have to worry about rising interest rates for the life of your loan.</p>
</div>
<table>
  <caption>Rates are based on a loan amount of $200,000 and 20% down payment.</caption>
  <tr>
    <td>Interest rate</td>
    <td>3.625%</td>
  </tr>
  <tr>
    <td>APR</td>
    <td>3.8047%</td>
  </tr>
  <tr>
    <td>Estimated payment</td>
    <td>$912.11</td>
  </tr>
  <tr>
    <td>Months</td>
    <td>360</td>
  </tr>
</table>

Example encoded as Microdata embedded in HTML.

<div itemscope itemtype="https://schema.org/MortgageLoan">
  <h1 itemprop="name">Agency 30 Year Fixed</h1>
  <div itemprop="loanTerm" itemscope itemtype="https://schema.org/QuantitativeValue">
    <meta itemprop="value" content="30"/>
    <meta itemprop="unitCode" content="ANN"/>
  </div>
  <p itemprop="description">Experience easier budgeting with predictable monthly payments. Relax knowing you’ll never have to worry about rising interest rates for the life of your loan.</p>
  <div itemprop="loanRepaymentForm" itemscope itemtype="https://schema.org/RepaymentSpecification" itemref="estPay payNum">
    <meta itemprop="downPayment" content="20"/>
    <meta itemprop="loanPaymentFrequency" content="1"/>
      <span>Estimated payment</span>
    <div id="estPay" itemprop="loanPaymentAmount" itemscope itemtype="https://schema.org/MonetaryAmount">
    <span itemprop="currency" content="USD">$</span><span itemprop="value">912.11</span></div>
    <span>Months</span>
    <div id="payNum" itemprop="numberOfLoanPayments">360</div>
  </div>

<table>
	<caption id="amount" itemprop="amount" itemscope itemtype="https://schema.org/MonetaryAmount">Rates are based on a loan amount of <span itemprop="currency" content="USD">$</span><span itemprop="value" content="200000">200,000</span> and 20% down payment.</caption>
  <tr>
    <td>Interest rate</td>
    <td><span id="intRate" itemprop="interestRate">3.625</span>%</td>
  </tr>
  <tr>
    <td>APR</td>
    <td><span id="apr" itemprop="annualPercentageRate">3.8047</span>%</td>
  </tr>
</table>

</div>

Example encoded as RDFa embedded in HTML.

<div vocab="https://schema.org/" typeof="MortgageLoan">
  <h1 property="name">Agency 30 Year Fixed</h1>
  <div property="loanTerm" typeof="QuantitativeValue">
    <meta property="value" content="30"/>
    <meta property="unitCode" content="ANN"/>
  </div>
  <p property="description">Experience easier budgeting with predictable monthly payments. Relax knowing you’ll never have to worry about rising interest rates for the life of your loan.</p>
  <div property="loanRepaymentForm" typeof="RepaymentSpecification" itemref="estPay payNum">
    <meta property="downPayment" content="20"/>
    <meta property="loanPaymentFrequency" content="1"/>
      <span>Estimated payment</span>
    <div id="estPay" property="loanPaymentAmount" typeof="MonetaryAmount">
    <span property="currency" content="USD">$</span><span property="value">912.11</span></div>
    <span>Months</span>
    <div id="payNum" property="numberOfLoanPayments">360</div>
  </div>

<table>
	<caption id="amount" property="amount" typeof="MonetaryAmount">Rates are based on a loan amount of <span property="currency" content="USD">$</span><span property="value" content="200000">200,000</span> and 20% down payment.</caption>
  <tr>
    <td>Interest rate</td>
    <td><span id="intRate" property="interestRate">3.625</span>%</td>
  </tr>
  <tr>
    <td>APR</td>
    <td><span id="apr" property="annualPercentageRate">3.8047</span>%</td>
  </tr>
</table>

</div>

Example encoded as JSON-LD in a HTML script tag.

<script type="application/ld+json">
{
  "@context": "https://schema.org",
  "@type": "MortgageLoan",
  "name": "Agency 30 Year Fixed",
  "description": "Experience easier budgeting with predictable monthly payments. Relax knowing you’ll never have to worry about rising interest rates for the life of your loan.",
  "amount": {
    "@type": "MonetaryAmount",
    "value": "200000",
    "currency": "USD"
  },
  "loanTerm": {
    "@type": "QuantitativeValue",
    "value": "30",
    "unitCode": "ANN"
  },
  "interestRate": "3.625",
  "annualPercentageRate": "3.8047",
  "loanRepaymentForm": {
    "@type": "RepaymentSpecification",
    "loanPaymentAmount": {
      "@type": "MonetaryAmount",
      "value": "909.3",
      "currency": "USD"
    },
    "downPayment": "20",
    "numberOfLoanPayments": "360",
    "loanPaymentFrequency": "1"
  }
}
</script>

Structured representation of the JSON-LD example.