PAYMENT_SCHEDULE_ITEM

Description
PAYMENT SCHEDULE element contains the data fields necessary to reflect the payment stream on the TIL Disclosure document.

Type : PAYMENT_SCHEDULE_ITEM

Definition
PAYMENT SCHEDULE element contains the data fields necessary to reflect the payment stream on the TIL Disclosure document.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
EXTENSION
PaymentSchedulePaymentAmountThe dollar amount of the payment reflected in the payment schedule on the TIL Disclosure document.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
PaymentSchedulePaymentsCountThe total number of payments due of a particular dollar amount reflected in the payment schedule of the TIL Disclosure document.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation. EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2".
PaymentSchedulePaymentStartDateThe date used to indicate the first date a scheduled payment is due. This date is used to indicate the start dates of any payments within a sequence of scheduled payments that may be reflected on the TIL Disclosure document.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".
PaymentSchedulePaymentVaryingToAmountThe lower payment amount of the monthly loan payment as reflected in the Payment Schedule on the TIL Disclosure document. This field is used to reflect the lower monthly payment amount in a range of monthly payment amounts typically calculated in an FHA transaction or a declining method PMI transaction and is required to be disclosed on the TIL Disclosure document.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
PaymentSchedulePrincipalAndInterestPaymentAmountThe dollar amount of the portion of the total payment amount which is applied to the principal and interest due on the loan as reflected on the Payment Schedule for the loan.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".

Attributes
label
SequenceNumberAn integer value used to provide an order to multi-instance sibling elements. The value must be unique for each sibling element.

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN\PAYMENT\PAYMENT_SCHEDULE_ITEMS