down payment

Definition of down paymentnext
as in deposit
a first payment that you make when you buy something with an agreement to pay the rest later She made a 10 percent down payment on the car. We put a down payment on the house.

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Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of down payment Still, this buying burden is up 101% in six years – and don’t forget the $147,025 needed for a 20% down payment to get these payments. Jonathan Lansner, Oc Register, 20 Dec. 2025 Some Gen Zers are taking on multiple side hustles just to save up enough to afford a down payment. Sydney Lake, Fortune, 9 Dec. 2025 For instance, a $200,000 home with a 5% down payment would have a $1976 monthly payment on a 15-year mortgage at a 5% interest rate, according to Fannie Mae's Mortgage Calculator. Michael Nied, PEOPLE, 11 Nov. 2025 With a larger down payment, a buyer may be able to afford the monthly payments on a shorter-term loan. Daniel De Visé, USA Today, 11 Nov. 2025 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Amaroq, which operates on the island, said the White House is talking to it about investment in its projects that extract or explore gold, gallium and other critical mineral deposits.
    Yeo Boon Ping, CNBC, 9 Jan. 2026
  • Venezuela's constitution states that the nation owns all mineral and hydrocarbon deposits — its oil and natural gas reserves — within its own territory, including those that lie beneath the country's seabed.
    Aimee Picchi, CBS News, 9 Jan. 2026
Noun
  • Major oil companies remain hesitant about Venezuela investments due to political instability, past expropriations and uncertainty over contract protections and guarantees.
    Josh Boak, Los Angeles Times, 9 Jan. 2026
  • When Ukraine agreed to give up the nuclear weapons on its soil in the mid-1990s, Russia provided a security guarantee that proved worthless.
    Chicago Tribune, Twin Cities, 9 Jan. 2026

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Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 11 Jan. 2026.

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