down payment

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  • noun

Synonyms for down payment

a partial or initial payment


Synonyms for down payment

a partial payment made at the time of purchase

References in periodicals archive ?
Others told me our scheme was not workable and that we're crazy not to ask for a downpayment.
Because percentage of downpayment and term of loan are the most important factors in determining the rate of amortization, indiscriminately decreasing the percentage of downpayment, increasing the term of the loan, or a combination of both, could cause situations in which during the first few years the amortization of the loan would be less than typical depreciation of the property.
50 per cent interest after making a downpayment of 20-30 per cent.
NMHC analysis of HUD data shows, however, that risk-based premiums will not protect the FHA because households with the highest credit scores required by the bill are still twice as likely to default if they use seller-financed downpayment assistance.
Colton (2003) argues that both the VA and FHA programs contributed to this large rise and that their success was largely due to guarantee provisions that allowed new households and veterans to buy homes without a downpayment.
questioned Jackson about the FHA zero downpayment proposal, in particular about the possibility that it will lead to increased default rates.
MBA PRAISED PRESIDENT BUSH FOR signing the American Dream Downpayment Act.
On September 24, Greece made its first downpayment on a $242-million contract with Raytheon (Goleta, CA), signed in April, for the provision of the company's Airborne Self-Protection Integrated System (ASPIS) II for the Hellenic Air Force's fleet of 60 F-16 Block 52+ Peace Xenia III aircraft and for up-grading the service's earlier model F-16s (Block 30s and Block 50s), which were equipped with the original ASPIS, to the ASPIS II configuration (see "Hellenic Air Force Inks F-16 EW Contract," JED, June 2003, p.
recently approved the administration's proposed American Dream Downpayment Act of 2003 (H.
The small share of refinancings insured by the FHA is not surprising because households that refinance often have sufficient equity in their homes and have accumulated enough other assets to cover the larger downpayment typically required for a conventional mortgage.
Lowering the downpayment has had an effect on resales.
LAS VEGAS -- The Mortgage Lender Implode-O-Meter ("ML-Implode"), a prominent blog and independent econo-journalism source has issued a statement warning of the consequences of a lending practice known as seller-funded downpayment assistance ("SFDPA") loans at the Federal Housing Administration (FHA).
A low downpayment may look good, but a buyer can save more if he pays a higher downpayment (at zero interest) because he lowers the balance which is normally interest-bearing.
Gozon has agreed to return the P1 billion Ang paid as downpayment for his planned investment in GMA shares.