How to Use down payment in a Sentence

down payment

noun
Definition of down paymentnext
Synonyms for down paymentnext
  • We put a down payment on the house.
  • She made a 10 percent down payment on the car.
  • Who made the down payment, paid the bills, and made the repairs will be looked at.
    — Gary Singer, sun-sentinel.com, 24 Mar. 2022
  • Your equity can serve as a down payment on a new or used car or cover the drive-off costs for a new lease.
    — cleveland, 19 Mar. 2022
  • Over the last year or so, with higher rates, people were putting larger down payments on their homes—which had not occurred in mass for 15 years.
    — Gregory Clifford, Forbes, 10 Oct. 2024
  • That could make a lender feel more confident about issuing a loan with a lower interest rate and cutting the amount of down payment required.
    — Lee O. Sanderlin, Baltimore Sun, 16 Mar. 2022
  • Unlike stocks, homes can be acquired by accumulating enough for a down payment and then financing the balance via a mortgage.
    — Ivan Illán, Forbes, 28 Mar. 2022
  • Even with Renew Indy's support, the homes and down payment may still be unaffordable to families.
    — Ko Lyn Cheang, The Indianapolis Star, 4 Mar. 2022
  • That means tapping into your 401(k) for a real estate down payment or to pay for your kids’ education is almost always a bad move.
    — Rory Evans, Glamour, 16 Mar. 2022
  • On cross examination, defense lawyers grilled Bates about his testimony that the group wanted to make a down payment for explosives.
    — Arpan Lobo, USA TODAY, 28 Mar. 2022
  • Other factors that figured into people’s decisions to delay buying a home included wanting to save more money for a down payment and the high price of housing.
    — Tristan Bove, Fortune, 4 Mar. 2022
  • Cross examinations are now underway, with defense lawyers grilling Bates about his testimony that the group wanted to make a down payment for explosives.
    — Arpan Lobo, Detroit Free Press, 28 Mar. 2022
  • Cut those out of a budget and for many a down payment wouldn’t be out of reach.
    — WSJ, 10 Jan. 2023
  • The Madonias put the down payment on the lot last year — a time when home prices were soaring.
    — Andrew Khouri, Los Angeles Times, 10 Dec. 2022
  • The couple wired the down payment, their savings, to crooks.
    — Kim Komando, USA TODAY, 11 July 2024
  • One of the first steps is sending a portion of your down payment to the escrow agent to hold.
    — Los Angeles Times, 29 Mar. 2022
  • The program will match what the family saves over the year to use as a down payment on a house.
    — Trevor Fraser, Orlando Sentinel, 9 May 2022
  • The higher the down payment, for example, the less time the duration tends to take.
    — Sydney Lake, Fortune, 1 Nov. 2023
  • The woman plans to use the money to put a down payment on a house and then save the rest, officials said.
    — Paloma Chavez, Miami Herald, 3 June 2024
  • The goal is for families to move in and save up enough money for a down payment on a new home.
    — Ginny Monk, Hartford Courant, 5 Jan. 2024
  • In January, the buyer returned with the $100 down payment — and the demand to take Zahra to Iran in the next three months.
    — Washington Post, 14 Apr. 2022
  • That includes wire fraud, such as attempts to steal a down payment.
    — Nerdwallet, Orange County Register, 25 Feb. 2024
  • Moore had made a down payment on a mobile home in Auburn Hills and was planning to move there with her son.
    — Bill Laytner, Detroit Free Press, 23 May 2024
  • The down payments for the homes were financed by wire transfers from China.
    — Cnn.com Wire Service, The Mercury News, 31 Aug. 2024
  • First-time home buyers can get a home loan with as little as a 3% down payment.
    — Shashank Shekhar, Forbes, 3 Jan. 2023
  • The couple each owned 50% of the house, but Robertson put down all of the $1.8-million down payment, according to the suit.
    — Noah Goldberg, Los Angeles Times, 23 May 2024
  • The net proceeds will mostly be used for the down payment on the next property.
    — Liz Weston, oregonlive, 4 June 2022
  • On the following day, the couple, both 27, planned to go to work and turn in a down payment for their new home in Medway.
    — Laura Crimaldi, BostonGlobe.com, 18 June 2022
  • Smaller down payments, on the other hand, mean more risk for the lender and higher rates for you as a result.
    — Aly J. Yale, wsj.com, 5 Oct. 2023
  • Buyers who work to improve their credit score, drop debt or grow their income, make a larger down payment or shop around among lenders will often get a better rate.
    — Kristine Gill, Better Homes & Gardens, 30 Sep. 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'down payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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