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When purchasing an item, if it cost a large amount of money, you would be required to pay part of the cost up front.
Such as when renting an apartment, you need to put down a deposit. Same idea.
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∙ 10y ago
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The spanish anticipos what does that mean in English?
it means down payment
What does accepting deposits mean?
It means to give a down payment , towards the article.
What is the down payment on a bugatti?
A down payment for select buyers is $360,000
What is the duration of No Down Payment?
The duration of No Down Payment is 1.75 hours.
What does down payment mean?
A "down payment" is an initial sum of money or something else of value that is paid to secure the purchase, barter, or trade for another thing of value. In effect, it is intended to ensure that the payer will pay the balance of the agreed price, or will otherwise come through on his/her/its end of the bargain. Often, if there is not payment of delivery of the remaining amount, the down payment is forfeited.
When was No Down Payment created?
No Down Payment was created on 1957-10-30.
When you put a down payment on a car do dealers come down on price?
When you put down a down payment the price is already set. You must get them to come down before you agree to purchase which is what your down payment represents.
What is initial payment on a mortgage called?
Down payment
Which describes installment loans?
They usually require a down payment.
What is the ratio of 400 down payment to the amount of 1200?
400 down payments : 1200 = 1 down payment : 3 payments or 1/3 dp : 1 payment
Car dealer forgot down payment?
The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.
What does a down payment really mean, and how does it work?
A down payment is a portion of a home's selling price which must be paid up-front, in cash, separate from the amount you'll be receiving as a down payment loan. The down payment can be almost any amount, although typically they range between 5%-20% of the home's total value. The purpose of a down payment is primarily to provide security to the seller and to the lender. If someone puts down a substantial amount of money up-front, they're less likely to default on the loan - which is costly for everyone involved. Also, the down payment demonstrates a basic ability to pay, reassuring the seller. For more information and to learn more about down payment loans and solutions, please contact Home Savings Fund today.
