How to Use down payment in a Sentence

down payment

noun
  • We put a down payment on the house.
  • She made a 10 percent down payment on the car.
  • 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
  • And the second most popular reason was that renters didn’t have enough saved up for a down payment.
    Tristan Bove, Fortune, 7 Apr. 2022
  • Having enough money saved for a down payment remains one of the biggest nuts to crack for buyers.
    Anna Bahney, CNN, 13 Apr. 2022
  • The purchase price and down payment, along with any escalation clauses.
    Los Angeles Times, 29 Mar. 2022
  • One company is Noah, which will lend you as much as 15% of your home’s purchase price to put toward a down payment.
    Los Angeles Times, 29 Mar. 2022
  • 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
  • The city has put a down payment on that pledge with three free bus lines serving primarily riders of color and lower income neighborhoods.
    Steve Leblanc, ajc, 8 Apr. 2022
  • During the buying process, multiple professionals asked her whether the down payment was coming from her father.
    Kara Baskin, BostonGlobe.com, 10 Apr. 2022
  • Despite its cost and complexity, creating more affordable rental housing allows more people to save money that can be put toward a down payment.
    AZCentral.com, 18 Apr. 2022
  • 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
  • If all is in order, Garcia said, the buyer will wire the remaining down payment and the escrow officer will close the deal by telling the title company to record the deed.
    Los Angeles Times, 29 Mar. 2022
  • Ultimately, whether a larger down payment or buying points will actually lower your monthly payments depends on your specific loan terms.
    Mike Winters, CNBC, 4 Oct. 2024
  • Kessler spent his final moments before the jury countering defense claims that the case was all about talk, and that the group was not trying to come up with $4,000 to put a down payment on explosives.
    Arpan Lobo, Detroit Free Press, 2 Apr. 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
  • 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
  • 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

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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