{
  "$schema": "https://json-schema.org/draft/2020-12/schema",
  "$id": "https://askcalculators.com/calculator/layaway-plan-calculator/schema.json",
  "title": "Layaway Plan Calculator inputs",
  "description": "Calculate the financed layaway balance, periodic payment, fees, taxes, and total purchase cost.",
  "type": "object",
  "properties": {
    "itemPrice": {
      "title": "Item price",
      "type": "number",
      "default": 1200,
      "minimum": 0,
      "x-step": 1,
      "multipleOf": 1,
      "x-unit": "currency"
    },
    "salesTaxRate": {
      "title": "Sales tax rate",
      "type": "number",
      "default": 6.25,
      "minimum": 0,
      "maximum": 100,
      "x-step": 0.01,
      "x-unit": "percent"
    },
    "downPayment": {
      "title": "Down payment",
      "type": "number",
      "default": 200,
      "minimum": 0,
      "x-step": 1,
      "multipleOf": 1,
      "x-unit": "currency"
    },
    "serviceFee": {
      "title": "Layaway service fee",
      "type": "number",
      "default": 25,
      "minimum": 0,
      "x-step": 1,
      "multipleOf": 1,
      "x-unit": "currency"
    },
    "paymentCount": {
      "title": "Number of remaining payments",
      "type": "number",
      "default": 8,
      "minimum": 1,
      "maximum": 365,
      "x-step": 1,
      "multipleOf": 1
    }
  },
  "required": [
    "itemPrice",
    "salesTaxRate",
    "downPayment",
    "serviceFee",
    "paymentCount"
  ],
  "additionalProperties": false,
  "x-askcalculators": {
    "version": "1.0.0",
    "calculatorUrl": "https://askcalculators.com/calculator/layaway-plan-calculator/",
    "queryExample": "https://askcalculators.com/calculator/layaway-plan-calculator/?itemPrice=1200&salesTaxRate=6.25&downPayment=200&serviceFee=25&paymentCount=8",
    "migrationStatus": "new",
    "reviewStatus": "pending",
    "pageStatus": "live",
    "workStatus": "pending",
    "formula": {
      "expression": "remaining balance = item price + tax + fee − down payment; payment = balance ÷ payment count"
    },
    "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."
    },
    "outputs": {
      "periodicPayment": {
        "title": "Payment per installment",
        "type": "number",
        "x-format": "currency",
        "x-primary": true
      },
      "layawayBalance": {
        "title": "Balance after down payment",
        "type": "number",
        "x-format": "currency"
      },
      "salesTax": {
        "title": "Sales tax",
        "type": "number",
        "x-format": "currency"
      },
      "totalCost": {
        "title": "Total amount paid",
        "type": "number",
        "x-format": "currency"
      },
      "feesAndTax": {
        "title": "Fees and tax",
        "type": "number",
        "x-format": "currency"
      }
    }
  }
}