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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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
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
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Silgranit sinks can be cleaned with a mixture of dish soap and vinegar, which will need to sit for at least an hour if there are any hard water deposits before being rinsed and dried.—
Lauren Wicks,
Southern Living,
6 Nov. 2025
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After an initial deposit of around $160 million by August 2019, Riaz’s company had to pay a monthly fine of $16 million.—
Rafia Zakaria,
Time,
6 Nov. 2025
Noun
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Pham said the state needs a guarantee that more federal funding is coming.—
NPR,
NPR,
6 Nov. 2025
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The Journal and subsequently other media outlets seized on the remarks as suggesting the company was seeking a federal guarantee.—
Steve Kopack,
NBC news,
6 Nov. 2025
Cite this Entry
“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 8 Jan. 2026.
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