down payment

as in deposit
a first payment that you make when you buy something with an agreement to pay the rest later She made a 10 percent down payment on the car. We put a down payment on the house.

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Examples Sentences

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Recent Examples of down payment Terms 10 – 30 years Credit needed 620 Minimum down payment 3% for DreaMaker℠ or Standard Agency loan Terms apply. Kelsey Neubauer, CNBC, 27 Dec. 2024 Transitioning to a new car would introduce a significant upfront expense in the form of a down payment. Eric Bernstein, Forbes, 3 Dec. 2024 Credit needed 620 Minimum down payment 0% for VA, 1% for RocketONE+, 3% for conventional, 3.5% for FHA, 10% to 15% for jumbo Already have a mortgage through Rocket Mortgage or looking to start one? Kelsey Neubauer, CNBC, 27 Dec. 2024 Her biggest needs are a computer, tuition to become an aesthetician and a down payment for a mobile home. Nicole Villalpando, Austin American-Statesman, 25 Dec. 2024 See all Example Sentences for down payment 

Thesaurus Entries Near down payment

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 20 Jan. 2025.

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