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.
  • 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 higher the down payment, for example, the less time the duration tends to take.
    Sydney Lake, Fortune, 1 Nov. 2023
  • 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
  • First-time home buyers can get a home loan with as little as a 3% down payment.
    Shashank Shekhar, Forbes, 3 Jan. 2023
  • 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
  • At the start, many of the potential tenants couldn’t make the down payment required to live at Brookside.
    Ginny Monk, Hartford Courant, 5 Jan. 2024
  • Well, Rhode Island did a lot better than a down payment.
    Globe Columnist, BostonGlobe.com, 31 Mar. 2023
  • As a result, the dealer can use that money toward the down payment on your car.
    Susan Tompor, Detroit Free Press, 23 Feb. 2023
  • The larger your down payment on a new car, the lower your monthly payments will be.
    Elizabeth Rivelli, Car and Driver, 10 Aug. 2023
  • The average down payment for a new vehicle climbed to a record of $6,956 in the first three months, Edmunds said.
    Medora Lee, USA TODAY, 14 June 2023
  • When the informant told him the device would cost about $120, Smith handed over a down payment.
    Nick Ferraro, Twin Cities, 1 Feb. 2024
  • On average, shoppers save up less than a year for a down payment.
    Russ Wiles, The Arizona Republic, 12 Feb. 2023
  • The average down payment has risen since the pandemic, along with home prices.
    Veronica Dagher, WSJ, 1 Dec. 2022
  • County Manager Shayne Scott said the down payment will come from that bond.
    Julie Jag, The Salt Lake Tribune, 24 Aug. 2023
  • So it’s alleged that C S J owner Camino gave cursing her $4,000 for a car lease down payment, and that bids were.
    Laura Johnston, cleveland, 19 July 2023
  • The size of the down payment on your new home also plays an important role in your interest rate.
    Mia Taylor, Fortune, 8 Nov. 2022
  • The down payment gift from Park’s parents allowed the couple to save a small nest egg for home improvement projects.
    Kate Talerico, The Mercury News, 26 Feb. 2024
  • In that case, buyers will have to pay their own agent out of pocket, on top of a down payment and other closing costs.
    Scott Horsley, NPR, 22 Mar. 2024
  • Although the terms have been slightly tightened, and the down payment raised by five percent, the program has remained.
    Alexandra Prokopenko, Foreign Affairs, 8 Jan. 2024
  • The typical route to owning a home is to rent first and eventually save enough for a down payment.
    Brittny Mejia, Los Angeles Times, 7 July 2023
  • Don’t make more than a $1,000 down payment upon signing a contract.
    Rob Nikolewski, San Diego Union-Tribune, 21 Mar. 2023
  • Most lenders will require the new borrower to complete a credit check and have enough money for a down payment.
    Elizabeth Rivelli, Car and Driver, 20 July 2023
  • The typical down payment for a repeat buyer last year was 17%.
    Anna Bahney, CNN, 9 Feb. 2023
  • Zillow suggests that first-time homebuyers, on average, need about 5% of the amount of their loan for a down payment.
    Sydney Lake, Fortune, 26 July 2023
  • In that equation, redirecting the funding for school police — about $52 million a year — would be like a down payment.
    Howard Blumestaff Writer, Los Angeles Times, 1 Feb. 2023
  • Borrowers whose down payment is less than 20% are likely to pay a higher rate.
    Anna Bahney, CNN, 8 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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