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.

Synonyms & Similar Words

Relevance

Examples Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of down payment Mortgages backed by Fannie and Freddie offer more flexibility for applicants on things like down payments and credit profiles than jumbo mortgages do, Horvath said. Andrea Riquier, USA TODAY, 27 Nov. 2024 The judge will consider factors such as the down payment, mortgage payments, taxes, expenses, and use of the property to create a fair division. Gary Singer, Sun Sentinel, 21 Nov. 2024 But that’s not enough for the ordinary bank, which also requires compliance with debt-to-income ratios and capital investments like down payments. Debra Utacia Krol, USA TODAY, 3 Dec. 2024 Borrowers must make a 3% down payment and earn less than 140% of the area median income. Kelsey Neubauer, CNBC, 2 Dec. 2024 See all Example Sentences for down payment 

Thesaurus Entries Near down payment

Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 30 Dec. 2024.

More from Merriam-Webster on down payment

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!