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.
Synonyms & Similar Words
Relevance
Examples of down payment in a Sentence
Recent Examples on the Web
Median-income households can only afford mortgage payments on a typical home in nine of 50 metropolitan areas, and it’s gotten to the point where a 20% down payment is barely enough.
—
Alena Botros, Fortune, 17 July 2024
Typical metro Phoenix homebuyers need a $186,000 down payment, according to Zillow.
—Lorenzino Estrada, The Arizona Republic, 16 July 2024
Other Economic Measures Harris Wants To Enact In additional to medical debt cancellation and student loan forgiveness, Harris also proposes:
A ban on price gouging by grocery stores;
A $6,000 child tax credit;
A cap on prescription drug costs;
And down payment assistance for first-time homebuyers.
—Adam S. Minsky, Forbes, 16 Aug. 2024
The plan includes up to $25,000 in down payment assistance for first-time homebuyers.
—Francesca Chambers, USA TODAY, 16 Aug. 2024
See all Example Sentences for down payment 
Alena Botros, Fortune, 17 July 2024
Typical metro Phoenix homebuyers need a $186,000 down payment, according to Zillow.
—Lorenzino Estrada, The Arizona Republic, 16 July 2024
Other Economic Measures Harris Wants To Enact In additional to medical debt cancellation and student loan forgiveness, Harris also proposes:
A ban on price gouging by grocery stores;
A $6,000 child tax credit;
A cap on prescription drug costs;
And down payment assistance for first-time homebuyers.
—Adam S. Minsky, Forbes, 16 Aug. 2024
The plan includes up to $25,000 in down payment assistance for first-time homebuyers.
—Francesca Chambers, USA TODAY, 16 Aug. 2024
See all Example Sentences for down payment
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.
Thesaurus Entries Near down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 14 Sep. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share