Down payment definitions

Down payment

1) First installment 2) First money towards a home 3) Initial sum paid 4) Installment forerunner 5) Money deposited for feathers 6) Money to feather your nest 7) Partial outlay
Found on https://www.crosswordclues.com/clue/down-payment

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Down payment

Down payment (or downpayment) is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction. A loan or the amount in cash is then required to make the full payment. Th...
Found on http://en.wikipedia.org/wiki/Down_payment

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Down payment

Is the money paid by the borrower out of their own funds upon the purchase of a property and not included in the loan or mortgage.
Found on http://www.encyclo.co.uk/local/20965

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Down payment

The part of the purchase price of a property that the buyer pays, usually in cash, and is not included in the loan amount. The difference between the cost of the property and the loan amount.
Found on http://www.encyclo.co.uk/local/21398

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Down Payment

The difference between the purchase price and that portion of the purchase price being financed. Most lenders require the down payment to be paid from the buyer's own funds. Gifts from related parties are sometimes acceptable, and must be disclosed to the lender
Found on http://www.encyclo.co.uk/visitor-contributions.php

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Down payment

- The difference between the sales price and the mortgage amount. A downpayment is usually paid at closing.
Found on http://www.homebuildingmanual.com/Glossary.htm

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Down Payment

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.
Found on http://www.nolo.com/dictionary/down-payment-term.html

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Down Payment

an upfront payment to the seller of a property for a portion of the sales price, usually between 5 to 25%. The remainder of the sales prices makes up the mortgage amount.
Found on http://www.thetruthaboutmortgage.com/mortgage-dictionary/

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down payment

[n] - a partial payment made at the time of purchase
Found on http://www.webdictionary.co.uk/definition.php?query=down%20payment

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down payment

deposit noun a partial payment made at the time of purchase; the balance to be paid later
Found on https://www.encyclo.co.uk/local/20974

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down payment

The part of the purchase price of a property that the buyer pays in cash and does not finance with a mortgage.
Found on https://www.encyclo.co.uk/local/21405

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Down Payment

the portion of a home's purchase price that is paid in cash and is not part of the mortgage loan. This amount varies based on the loan type, but is determined by taking the difference of the sale price and the actual mortgage loan amount. Mortgage insurance is required when a down payment less than 20 percent is made.
Found on https://www.encyclo.co.uk/local/21674

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Down Payment

The difference between the sales price and the mortgage amount. A downpayment is usually paid at clo
Found on https://www.encyclo.co.uk/local/22400

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Down payment

The difference between the sales price and the mortgage amount. A downpayment is usually paid at closing.
Found on https://www.homebuildingmanual.com/Glossary.htm

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down payment

an initial amount paid at the time of purchase, in installment buying, time sales, etc. · any initial or partial payment, gift, favor, or recompense, as to reduce one's indebtedness or express one's obligation or gratitude: This gift is just a down payment for all the favors I owe you.
Found on https://www.infoplease.com/dictionary/down-payment

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