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Definitions

down payment



Example Sentences

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Renting, for instance, provides greater flexibility to move for new opportunities, or to invest in the stock market rather than save for a down payment.

From MarketWatch Jul. 9, 2026

Among Gen Z, 13% used a family gift to cover the down payment on the house, and 8% borrowed the amount, per the data.

From MarketWatch Jul. 7, 2026

A down payment is traditionally about 20% of the purchase price of a home.

From Los Angeles Times Jul. 6, 2026

Borrowers who make a 20% down payment, often the minimum amount to avoid having to pay for private mortgage insurance, might see rates drop between 0.15 percentage point and 0.4 percentage point.

From Barron's Jun. 29, 2026

The down payment was $100, which they had to borrow from my mother’s father.

From "Drama High" by Michael Sokolove




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