The meaning of DOWN PAYMENT is a part of the full price paid at the time of purchase or delivery with the balance to be paid later; broadly : the first step in a process. How to use down payment in a sentence.
Interest on your mortgage is simple interest, meaning your interest is not compounded or cannot gain interest on itself. Still, by agreeing to pay a larger down payment, you effectively reduce the loan amount and how much you will ultimately pay for the home....
Down Payment An initial payment one makes on an asset financed with debt or otherwise paid in installments. For example, when buying a house, one usually makes a down payment of between 5% and 25% (depending largely on the buyer's FICO score and the availability of credit), and pays for...
: to put down usually firmly or abruptly plunked the items down on the counter b : to settle (oneself) into position plunked himself down on the bench 2 : to pay out reluctant to plunk down the money for a new car Examples of plunk down in a Sentence Recent Examples on the Web...
213 What does“down payment”refer to in the passage ___ A.Money borrowed from a bank as a mortgage B.Money paid to a bank before the mortgages is given C.Interest received by a person who borrows money as the mortgages D.Interest charged by a bank on a mortgage 免费查看参考答...
it may differ from the other types. The term down payment refers to an initial upfront payment to purchase a more expensive asset or service. For example, it represents the amount paid in advance for purchasing a home or car. Usually, it occurs through cash or equivalent at the time of ...
When factoring in any additional debt obligations, such as student loans or a car payment, the total amount that goes toward debt repayment should be no more than 36% of your gross monthly income. How to calculate a down payment The down payment on a house is represented as a percentage ...
re-assume - take on again, as after a time lapse; "He re-assumed his old behavior" 6. take - interpret something in a certain way; convey a particular meaning or impression; "I read this address as a satire"; "How should I take this message?"; "You can't take credit for this!
The meaning of ROLL DOWN is to move (something) down especially by turning a handle. How to use roll down in a sentence.
but that old car or piece of furniture might be what someone else is interested in buying. Selling used goods can help supplement your income and raise much-needed cash for the down payment. The Internet makes it easy to sell everything from clothes to electronics. Some of the sites...