{
  "id": "layaway-plan-calculator",
  "version": "1.0.0",
  "name": "Layaway Plan Calculator",
  "shortName": "Layaway Plan",
  "description": "Calculate the financed layaway balance, periodic payment, fees, taxes, and total purchase cost.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "layaway",
    "plan",
    "calculator",
    "layaway plan calculator"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/layaway-plan-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "1.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-09-01",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/layaway-plan-calculator/",
    "definition": "/calculator/layaway-plan-calculator/definition.json",
    "schema": "/calculator/layaway-plan-calculator/schema.json",
    "llms": "/calculator/layaway-plan-calculator/llms.txt",
    "legacyDefinition": "/calculator/layaway-plan-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/layaway-plan-calculator/?itemPrice=1200&salesTaxRate=6.25&downPayment=200&serviceFee=25&paymentCount=8",
  "queryParameters": {
    "itemPrice": {
      "label": "Item price",
      "type": "money",
      "required": true,
      "default": 1200
    },
    "salesTaxRate": {
      "label": "Sales tax rate",
      "type": "percent",
      "required": true,
      "default": 6.25
    },
    "downPayment": {
      "label": "Down payment",
      "type": "money",
      "required": true,
      "default": 200
    },
    "serviceFee": {
      "label": "Layaway service fee",
      "type": "money",
      "required": true,
      "default": 25
    },
    "paymentCount": {
      "label": "Number of remaining payments",
      "type": "number",
      "required": true,
      "default": 8
    }
  },
  "inputs": [
    {
      "id": "itemPrice",
      "label": "Item price",
      "type": "money",
      "required": true,
      "defaultValue": 1200,
      "min": 0,
      "step": 1
    },
    {
      "id": "salesTaxRate",
      "label": "Sales tax rate",
      "type": "percent",
      "required": true,
      "defaultValue": 6.25,
      "min": 0,
      "max": 100,
      "step": 0.01
    },
    {
      "id": "downPayment",
      "label": "Down payment",
      "type": "money",
      "required": true,
      "defaultValue": 200,
      "min": 0,
      "step": 1
    },
    {
      "id": "serviceFee",
      "label": "Layaway service fee",
      "type": "money",
      "required": true,
      "defaultValue": 25,
      "min": 0,
      "step": 1
    },
    {
      "id": "paymentCount",
      "label": "Number of remaining payments",
      "type": "number",
      "required": true,
      "defaultValue": 8,
      "min": 1,
      "max": 365,
      "step": 1
    }
  ],
  "outputs": [
    {
      "id": "periodicPayment",
      "label": "Payment per installment",
      "format": "currency",
      "primary": true
    },
    {
      "id": "layawayBalance",
      "label": "Balance after down payment",
      "format": "currency"
    },
    {
      "id": "salesTax",
      "label": "Sales tax",
      "format": "currency"
    },
    {
      "id": "totalCost",
      "label": "Total amount paid",
      "format": "currency"
    },
    {
      "id": "feesAndTax",
      "label": "Fees and tax",
      "format": "currency"
    }
  ],
  "formula": {
    "expression": "remaining balance = item price + tax + fee − down payment; payment = balance ÷ payment count"
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "itemPrice": 1200,
        "salesTaxRate": 6.25,
        "downPayment": 200,
        "serviceFee": 25,
        "paymentCount": 8
      }
    }
  ],
  "sources": []
}