orig_repayment_type

The repayment_type at origination.

├── combined
├── interest_only
├── option_arm
├── other
└── repayment
    ├── fixed
    └── french

combined

Combined Repayment - A hybrid repayment structure that combines different repayment methods. This could include a combination of interest-only and principal repayment periods, or other repayment structures that don’t fit into the standard categories.

interest_only

Interest Only - The borrower is only required to pay the interest portion of the loan for a specified period. During this period, no principal is being repaid, and the loan balance remains unchanged.

option_arm

Option ARM - An option or payment-option ARM is an adjustable rate mortgage with several possible payment choices.

other

Other Repayment Type - A repayment structure that doesn’t fit into the standard categories. This could include specialized or custom repayment arrangements that are unique to specific loan products or borrower circumstances.

repayment

Full Repayment - The standard repayment structure where the borrower makes regular payments that include both principal and interest components. These payments are designed to fully amortize the loan over its term.

fixed

Fixed amortisation schedule: Amortisation in which the principal amount repaid in each instalment is the same.

french

French: Amortisation in which the total amount – principal plus interest – repaid in each instalment is the same.