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2012-05-25 15:02:36
2012-05-25 15:02:36

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.

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Essentially, they are lowering the price, not providing for your down payment. Also, the lender is going to want that money to come from your account... This is ONE way there are others where lenders will gift you the down payment which comes back to them at time of closing or just find a 100% lender.


YOU HAVE TO HAVE A GOOD DOWN PAYMENT, IF YOUR CREDIT IS GOOD ENOUGH YOU DON'T HAVE TO PUT A DOWN PAYMENT,WARRENTY FOR 12 MONTHS, CASH BACK


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.


The average down payment for a home loan is often twenty percent of the purchase price. For example a down payment on a home of $200,000 would be $40,000.


You can really just use any calculator to find the down payment for a home or car. You would just multiply the total price by the percentage of down payment.


Currently the minimum requirement for a down payment on an FHA backed loan is 3.5% of the sales price of the home, prior to any closing fees or commissions.


There are a number of dealers in the area. I encourage you to do research of the different dealerships and find the one that will work with you and offer you the lowest down payment and monthly payments


amount finaced=cash price - down payment


A car financing calculator allows you take factors like car price, down payment, trade-in, and loan or lease terms to calculate your monthly payment. They can be a very useful tool when you compare offers from different dealers to determine what is in your best financial interest.


a portion of the purchase price that is paid as a condition of getting a loan. In other words, it is the first payment in installment buying.


Depends on purchase price, down payment, interest rate, length of loan, etc...


A down payment calculator is a calculator that you use to find out how much down payment is required to make a purchase on a home of a certain price. There are a number of sites that offer the convenience of an online calculator. You can try easycalculation.com/mortgage/down-payment.php as well as www.mlcalc.com.


Often it is the sticker price --which, of course, should always be negotiated down. It is the price the manufacturer (car companies) suggest the dealers sell the car for.


amount financed= cash price- down payment


from 10% to 40% of the selling price of the home


It is applied directly against the purchase price of the used car. The more you down payment, the less owed and the lower your monthly payments will be.



The price of a home is $180,000. The bank requires a 20% down payment for 15 years at 4%. what is the monthly payment


How long a dealer will hold a car with a down payment depends on the dealer. It is a good idea to get a time frame in writing. Some dealers will sell a car within a couple of days if you do not complete the transaction.


One can go to local car dealers to see if they offer low down payment auto insurance. One can also go to websites such as Cheap Insurance Outlet, CarsDirect, and Free Insurance Quotation in order to obtain low down payment auto insurance.



There is no such thing as a great dealer that sells cheap Toyota yaris . Cars come out of the factory had a regulated price soon as they are driven the price goes down. Upkeep and maintenance name quality of care is all something that goes into the price of a used car.


The total purchase price should be the first thing written. The down payment price should then be written under the purchase price. Subtract the down payment amount from the purchase price amount. This will leave you and your client with a balance amount due. Also, address all terms and conditions regarding your sale...in other words, additional payment due dates for balance, with or without penalties, late fees, etc. Address, also, any interest that may or may not incur over a period of time.


The down payment is usually 10% of the purchase price. Depending on the area of the home you may qualify for additional grants.


The title to the property was transferred to the new owner at below market price. The difference between the transfer price and the fair market value is called a gift of equity and some lenders will allow the borrower to use that amount as a down payment. If there is a default in paying the mortgage the lender will take possession of the property by foreclosure. As with any cash down payment, in the case of a foreclosure the gift of equity is gone. You don't get the down payment back.The title to the property was transferred to the new owner at below market price. The difference between the transfer price and the fair market value is called a gift of equity and some lenders will allow the borrower to use that amount as a down payment. If there is a default in paying the mortgage the lender will take possession of the property by foreclosure. As with any cash down payment, in the case of a foreclosure the gift of equity is gone. You don't get the down payment back.The title to the property was transferred to the new owner at below market price. The difference between the transfer price and the fair market value is called a gift of equity and some lenders will allow the borrower to use that amount as a down payment. If there is a default in paying the mortgage the lender will take possession of the property by foreclosure. As with any cash down payment, in the case of a foreclosure the gift of equity is gone. You don't get the down payment back.The title to the property was transferred to the new owner at below market price. The difference between the transfer price and the fair market value is called a gift of equity and some lenders will allow the borrower to use that amount as a down payment. If there is a default in paying the mortgage the lender will take possession of the property by foreclosure. As with any cash down payment, in the case of a foreclosure the gift of equity is gone. You don't get the down payment back.



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