down payments Sentence Examples

  1. Homebuyers typically make a sizable down payment of 20% to secure a mortgage.
  2. The amount of the down payment can significantly influence the loan amount and monthly payments.
  3. Some lenders offer flexible down payment options, including low-down or no-down payment loans.
  4. A lower down payment may result in higher interest rates and private mortgage insurance (PMI).
  5. First-time homebuyers may be eligible for down payment assistance programs from government agencies.
  6. Down payments can be made using cash, a gift from family or friends, or a down payment assistance loan.
  7. It's crucial to factor in closing costs and moving expenses when budgeting for a down payment.
  8. Down payments on rental properties can help reduce monthly rent payments and build equity.
  9. Real estate investors often consider down payments as a means to leverage their returns on investment.
  10. Down payments for commercial properties are typically higher than those for residential properties and can be negotiated with the seller.

down payments Meaning

down payments

a part of the full price paid at the time of purchase or delivery with the remainder to be paid later, the first step in a process, a part of the full price paid at the time of purchase or delivery with the balance to be paid later

FAQs About the word down payments

a part of the full price paid at the time of purchase or delivery with the remainder to be paid later, the first step in a process, a part of the full price pai

deposits, guarantees, pawns, handsels, gages, pledges,earnests, securities, warranties,guaranties

No antonyms found.

Homebuyers typically make a sizable down payment of 20% to secure a mortgage.

The amount of the down payment can significantly influence the loan amount and monthly payments.

Some lenders offer flexible down payment options, including low-down or no-down payment loans.

A lower down payment may result in higher interest rates and private mortgage insurance (PMI).