Synonyms of down payment

down payment

noun

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.

Related Words

• deposit
• guarantee
• security
• earnest
• gage
• guaranty
• pledge
• bond
• pawn
• promise
• warranty
• bail
• handsel
• commitment
• contract
• assurance
• oath
• surety
• compact
• covenant
• word
• recognizance
• troth

Example Sentences

Recent Examples of down payment

The Yale drama school graduate had purchased a one-bedroom apartment in the building in NoHo—in a 19th-century Neo-Grec former industrial space—after a role in Nora Ephron’s movie Mixed Nuts earned him enough money for a down payment. — Ingrid Abramovitch, Architectural Digest, 10 Sep. 2026

The city’s initiatives, funded mainly by property taxes and state grants, include a down payment assistance program for first-time homebuyers. — Melanie Stetson Freeman, Christian Science Monitor, 9 Sep. 2026

Connecticut provides up to $25,000 per borrower, which may cover up to 20% of a down payment and 5% of closing costs. — Don Stacom, Hartford Courant, 8 Sep. 2026

Underpinning the luxury market are affluent home shoppers who can afford to shrug off rising mortgage rates and often pay all cash for a home or come up with a large down payment by raising funds through sales of stocks or other investments. — ABC News, 2 Sep. 2026