down payment

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.

A buyer with a $2,500 monthly budget and a 20% down payment can afford to buy a roughly $400,000 home at a 6% mortgage rate, according to real-estate brokerage Redfin.

From The Wall Street Journal • May 21, 2026

The typical monthly mortgage payment on an existing single-family home, assuming a 20% down payment, was $1,979 in the first quarter, according to data released Tuesday by the National Association of Realtors.

From Barron's • May 5, 2026

Mahan also wants to reform a law, Senate Bill 800, which he says makes it too risky for developers to build condominiums that serve as entry into home ownership, and provide more down payment assistance.

From Los Angeles Times • May 1, 2026

Gen Caine said the $1.5tn "represents a historic down payment for future security" that would allow the US to get ahead of fast-evolving technology.

From BBC • Apr. 29, 2026

I borrowed money from Mrs. Bibbs, my employer, made a down payment on a pearl-gray suit.

From "Black Boy" by Richard Wright