Down payment in a Sentence πŸ”Š

Definition of Down payment

a deposit of money made as a first installment toward the whole purchase price

Examples of Down payment in a sentence

Matilda put her down payment of $500 for her first car at the dealership and drove her new car off the loft planning on paying the rest in monthly installments. πŸ”Š

Once the young couple signed the housing documents and wrote a check for the down payment, they only had 360 more months of payments until their mortgage would be over.  πŸ”Š

Even if you don’t have all the money for an expensive purchase, you can make a down payment of about 15% of the total cost and pay off the rest later. πŸ”Š

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