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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.

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15y 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 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.