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Down payment (or downpayment) is a payment (Paid on the Ground) used in the context of the purchase of expensive items such as a car and a house, whereby payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction.

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8y ago

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What is the minimum down payment required for a car purchase with a 50 down payment?

The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.


How does the down payment affect the monthly payment amount when purchasing a car?

The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.


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.


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.


Do you need a down payment for car insurance?

No, you do not need a down payment for car insurance.


What is initial payment on a mortgage called?

Down payment


Which describes installment loans?

They usually require a down payment.


Where does the down payment go - to the seller or the bank?

The down payment goes to the seller when you buy a house.


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 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