down payment

Definition of down paymentnext
as in deposit
a first payment that you make when you buy something with an agreement to pay the rest later She made a 10 percent down payment on the car. We put a down payment on the house.

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Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of down payment Lenders also consider factors such as the borrower’s credit score, debt-to-income ratio and down payment, said Jeff DerGurahian, head economist at loanDepot. — Samantha Delouya, CNN Money, 1 Oct. 2026 Aim for a solid down payment of at least 5% for first-time home buyers. — Tabitha Parent, PEOPLE, 23 Sep. 2026 Closing costs are fees paid to finalize a mortgage and home sale, separate from the down payment. — Rebecca Safier, USA Today, 22 Sep. 2026 The Yale drama school graduate had purchased a one-bedroom apartment in the building in NoHo—in a 19th-century Neo-Grec former industrial space—after a role in Nora Ephron’s movie Mixed Nuts earned him enough money for a down payment. — Ingrid Abramovitch, Architectural Digest, 10 Sep. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • However this deposit can be as high as 35% of the base charter price.
    — Christoph Lymbersky, Forbes.com, 5 Oct. 2026
  • Gathering relevant data is a vital first step to understanding everything from the value of underground mineral deposits to the money held in pension funds.
    — Alexis Akwagyiram, semafor.com, 5 Oct. 2026
Noun
  • Certain weather changes are common during El Niños, but there are no guarantees that extreme weather events this winter will match those predictions for every region.
    — Lauren Sommer, NPR, 5 Oct. 2026
  • Plenty of things cost relatively little but provide significant value, such as clear pricing, FAQs, credentials, reviews, guarantees and useful takeaways.
    — David Cozzens, Forbes.com, 5 Oct. 2026

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Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 9 Oct. 2026.

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