How to Use down payment in a Sentence

down payment

noun
Definition of down paymentnext
Synonyms for down paymentnext
  • The money can go to buy down mortgage rates or help with down payments and closing costs.
    — Michael Smolens, San Diego Union-Tribune, 8 May 2024
  • Points can be put towards rent or a down payment, converted to $0.015 per point.
    — Rocio Fabbro, Quartz, 11 July 2024
  • That's true even if a family has been able to save enough for a down payment, already a difficult task when rents remain high as well.
    — Mary Radcliffe, ABC News, 18 June 2024
  • It can be used for down payments and closing costs, or even in conjunction with a separate but related program.
    — Chris Morris, Fortune, 8 Apr. 2024
  • Officials have tried to boost home sales through measures like lowering down payments and interest rates, yet home prices are still declining.
    — Lionel Lim, Fortune Asia, 16 Apr. 2024
  • Still more are selling their old home and turning their considerable equity into hefty down payments well over 20%.
    — Andrew Khouri, Los Angeles Times, 11 Apr. 2024
  • High interest rates mean that even families that have enough for a down payment will be left with expensive, budget-busting mortgage payments.
    — David Howard, Orange County Register, 1 Apr. 2024
  • Offers first-time homebuyer grants for eligible applicants to use towards closing costs and down payments.
    — Kelsey Neubauer, CNBC, 11 July 2024
  • Considering higher home prices, it’s also been increasingly difficult for first-time home buyers to come up with enough cash for a down payment, even on a starter home.
    — Sydney Lake, Fortune, 2 May 2024
  • Not much was made of Mosby’s reason for getting the money — to make down payments on two properties in Florida worth about $1 million combined.
    — Dan Rodricks, Baltimore Sun, 2 May 2024
  • Cut those out of a budget and for many a down payment wouldn’t be out of reach.
    — WSJ, 10 Jan. 2023
  • The Madonias put the down payment on the lot last year — a time when home prices were soaring.
    — Andrew Khouri, Los Angeles Times, 10 Dec. 2022
  • The higher the down payment, for example, the less time the duration tends to take.
    — Sydney Lake, Fortune, 1 Nov. 2023
  • The woman plans to use the money to put a down payment on a house and then save the rest, officials said.
    — Paloma Chavez, Miami Herald, 3 June 2024
  • The goal is for families to move in and save up enough money for a down payment on a new home.
    — Ginny Monk, Hartford Courant, 5 Jan. 2024
  • That includes wire fraud, such as attempts to steal a down payment.
    — Nerdwallet, Orange County Register, 25 Feb. 2024
  • Moore had made a down payment on a mobile home in Auburn Hills and was planning to move there with her son.
    — Bill Laytner, Detroit Free Press, 23 May 2024
  • First-time home buyers can get a home loan with as little as a 3% down payment.
    — Shashank Shekhar, Forbes, 3 Jan. 2023
  • The couple each owned 50% of the house, but Robertson put down all of the $1.8-million down payment, according to the suit.
    — Noah Goldberg, Los Angeles Times, 23 May 2024
  • Smaller down payments, on the other hand, mean more risk for the lender and higher rates for you as a result.
    — Aly J. Yale, wsj.com, 5 Oct. 2023
  • At the start, many of the potential tenants couldn’t make the down payment required to live at Brookside.
    — Ginny Monk, Hartford Courant, 5 Jan. 2024
  • Well, Rhode Island did a lot better than a down payment.
    — Globe Columnist, BostonGlobe.com, 31 Mar. 2023
  • As a result, the dealer can use that money toward the down payment on your car.
    — Susan Tompor, Detroit Free Press, 23 Feb. 2023
  • The larger your down payment on a new car, the lower your monthly payments will be.
    — Elizabeth Rivelli, Car and Driver, 10 Aug. 2023
  • The average down payment for a new vehicle climbed to a record of $6,956 in the first three months, Edmunds said.
    — Medora Lee, USA TODAY, 14 June 2023
  • When the informant told him the device would cost about $120, Smith handed over a down payment.
    — Nick Ferraro, Twin Cities, 1 Feb. 2024
  • On average, shoppers save up less than a year for a down payment.
    — Russ Wiles, The Arizona Republic, 12 Feb. 2023
  • This sometimes comes in the form of rent assistance, living at home for longer, or help with a down payment.
    — Sydney Lake, Fortune, 5 June 2024
  • The average down payment has risen since the pandemic, along with home prices.
    — Veronica Dagher, WSJ, 1 Dec. 2022
  • County Manager Shayne Scott said the down payment will come from that bond.
    — Julie Jag, The Salt Lake Tribune, 24 Aug. 2023

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'down payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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