down payment
noun
an initial amount paid at the time of purchase, in installment buying, time sales, etc.
down payments
-
pluralof down payment.plural
The grammatical form denoting more than one person, place, thing, or idea.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
On the other is a robust luxury market, where wealthier home shoppers swerve around high rates with jumbo down payments or all-cash purchases.
From The Wall Street Journal ● Oct. 19, 2026
They also frequently have made use of home-buying programs featuring low or no down payments.
From MarketWatch ● Oct. 13, 2026
The Federal Housing Administration insures mortgages with 3.5% down payments, though borrowers must pay premiums equal to 1.75% of the loan amount, plus a roughly 0.55% annual fee for the life of the loan.
From The Wall Street Journal ● Oct. 12, 2026
If this trend continues, Americans will be able to save more for down payments and buying a home will become more affordable.
From The Wall Street Journal ● Oct. 4, 2026
As a member of the board of supervisors, he proposed a first-time homebuyer pilot program, which would grant assistance with down payments and lowering mortgage interest rates.
From Los Angeles Times ● Oct. 1, 2026
