What Is Down Payment Assistance (DPA)? Down payment assistance is any financial program that reduces the down payment requirement for homebuyers. Traditionally, buyers were required to pay 20% of the purchase price upfront as a down payment.[1]However, as home prices have increased over the ye...
A down payment is one of the primary expenses when becoming a homeowner. Learn about the various ways you can fund your down payment.
What is a down payment on a house? Adown payment on a houseis the portion of the home’s purchase price not paid for with a mortgage. The more money you put down, the less you’ll borrow for the mortgage and the morehome equityyou’ll have from the outset. If you’re buying a ...
A down payment is the money you pay up front towards the cost of your new home or property. Learn how it works, common down payment myths, and more.
Buying a house is a huge financial commitment – and scraping together a down payment ain’t helping. 🤑 Are you ready to put enough money down? Before you start falling in love with houses in a certain price range, make sure you’ll be able to pay the down payment for that purchase...
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. 相关知识点: 试题来源: 解析 B 正确答案:B 解析:题干意为“文章中的‘down payment’是指什么?”从“down payment”...
A down payment occurs when a percentage of a credit purchase is paid in cash. The down payment is not only a sign of good faith that the purchaser intends to follow through on the purchase, but it also minimizes the risk for the seller. ...
A down payment is a portion of available money given at the outset of a loan. Usually given in cash, down payments demonstrate a...
A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.
Interest charged by a bank on a mortgage 相关知识点: 试题来源: 解析 B 从文章末段倒数第二句“111e bankwillthenlend youthe rest ofthemoneyto buythe house”可以推知“down payment”是在取得贷款之前自己先支付的那部分款项。即首付款。故选B项。反馈 收藏 ...