pay down Synonyms

Synonyms

Strongest:

• pay-up
• satisfy
• pay-off

Strong:

• compensate
• quit
• render-to-
• settle
• give-back
• liquidate

Weak:

• remunerate
• refund
• recompense
• reimburse
• reciprocate
• repay

pay down Meaning

pay down

to reduce (a debt) by repaying in part

pay down Sentence Examples

1. I am diligently paying down my mortgage to reduce my monthly expenses.
2. The bank requires a certain amount of equity before approving a loan, so I need to pay down my credit cards.
3. To consolidate my debts, I am paying down the highest interest loans first.
4. I have a goal of paying down $5,000 in student loan debt this year.
5. The extra income from my side hustle will help me pay down my car loan faster.
6. I am making bi-weekly payments instead of monthly to pay down my debt more quickly.
7. I have chosen to pay down my mortgage rather than invest the extra funds.
8. Paying down my credit card balance in full each month helps me avoid interest charges.
9. I am setting aside a portion of each paycheck to pay down my personal loan.
10. By paying down my debts, I am improving my financial stability and securing my future.

FAQs About the word pay down

What is the meaning of the word pay down

to reduce (a debt) by repaying in part

What are the synonyms of the word pay down

pay up, satisfy,pay off,compensate, quit, render (to), settle, give back, liquidate, remunerate

What are the antonyms of the word pay down

No antonyms found.

What is the usage of word pay down

I am diligently paying down my mortgage to reduce my monthly expenses.

The bank requires a certain amount of equity before approving a loan, so I need to pay down my credit cards.

How to use the word pay down in a sentence?

To consolidate my debts, I am paying down the highest interest loans first.

I have a goal of paying down $5,000 in student loan debt this year.