down payment
noun
: a part of the full price paid at the time of purchase or delivery with the balance to be paid later
broadly
: the first step in a process
Examples of down payment in a Sentence
She made a 10 percent down payment on the car.
We put a down payment on the house.
Recent Examples on the Web
Saving for a down payment, however, is still the biggest hurdle for first-time buyers.
—
Diana Olick, CNBC, 30 Dec. 2025
Wicks is also the lead author of a housing bond that aims to create $10 billion to support home building and rehabilitation, down payment assistance, development subsidies and other efforts.
—Stephen Hobbs, Sacbee.com, 30 Dec. 2025
Well-qualified borrowers, meaning those with excellent credit, steady income and a healthy down payment, may find slightly better rates when shopping around.
—Angelica Leicht, CBS News, 23 Dec. 2025
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
See All Example Sentences for down payment
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Diana Olick, CNBC, 30 Dec. 2025
Wicks is also the lead author of a housing bond that aims to create $10 billion to support home building and rehabilitation, down payment assistance, development subsidies and other efforts.
—Stephen Hobbs, Sacbee.com, 30 Dec. 2025
Well-qualified borrowers, meaning those with excellent credit, steady income and a healthy down payment, may find slightly better rates when shopping around.
—Angelica Leicht, CBS News, 23 Dec. 2025
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
See All Example Sentences for down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 31 Dec. 2025.
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