downpayment

listen to the pronunciation of downpayment
الإنجليزية - الإنجليزية
Alternative form of down payment
The portion of the home's purchase price the buyer pays in cash
The difference between the sales price and the mortgage amount on a home The downpayment is usually paid at
The difference between the sales price of real estate and the mortgage amount
The difference between the sale price of real estate and the amount of your mortgage loan The downpayment is usually paid in full at the closing of a sale For example, if you buy a house for $70,000, and your mortgage is for $50,000, you must make a downpayment of $20,000 at the closing Your earnest money deposit will be credited to the downpayement (see Earnest Money)
The amount of money the purchaser pays the seller upon the signing of the agreement of sale The agreement of sale will refer to the downpayment amount and will acknowledge receipt of the downpayment Downpayment is the difference between the sales price and maximum mortgage amount A downpayment may not be refundable if the purchaser fails to buy the property without good cause If the purchaser wants the downpayment to be refundable, a clause must be inserted in the agreement of sale specifying the conditions under which the deposit will be refunded However, if the seller cannot deliver good title, the agreement of sale usually requires the seller to return the downpayment and to pay interest and expenses incurred by the purchaser
The amount paid for the purchase of a property in addition to the mortgage, but not including any closing costs
The amount of money to be paid by the purchaser to the seller upon the signing of the agreement of sale The agreement of sale will refer to the downpayment amount and will acknowledge receipt of the downpayment Downpayment is the difference between the sales price and maximum mortgage amount The downpayment may not be refundable if the purchaser fails to buy the property without good cause If the purchaser wants the downpayment to be refundable, he should insert a clause in the agreement of sale specifying the conditions under which the deposit will be refunded, if the agreement does not already contain such clause If the seller cannot deliver good title, the agreement of sale usually requires the seller to return the downpayment and to pay interest and expenses incurred by the purchaser
a portion of the sales price paid a seller by a buyer to close a sales transaction, with the understanding that the balance will be paid later Also the difference between the sale price and the mortgage amount
The difference between the sales price and the mortgage amount A down payment is usually paid at closing
The amount of money to be paid by the purchaser to the seller upon the signing of the agreement of sale Downpayment also refers to the difference between the sales price and maximum mortgage amount It is expressed as a dollar figure or a percentage of the purchase price For example, when a house is purchased for $100,000 and $90,000 is borrowed to finance the purchase, then the downpayment is said to be 10% ($10,000)
The part of the purchase price of a property that the buyer pays in cash and does not finance with a mortgage
A percentage of the purchase price the buyer pays in cash Dual Agent: An agent representing both parties in a transaction In almost every state, dual agency is illegal and unethical without the written consent of both the buyer and the seller E Earnest Money A buyer's partial payment that acts as a good faith deposit Equity The difference between the current market value of a property and the unpaid portion of a mortgage Equity increases as a borrower pays off his mortgage or the property appreciates in value Escrow Funds paid by one party to another to hold until the occurrence of a specified event, after which the funds are release to a designated individual
The amount of money to be paid by the purchaser to the seller upon the signing of the agreement of sale, also known as Earnest Money The downpayment may not be refundable if the purchaser fails to buy the property without good cause If the purchaser wants the downpayment to be refundable, he should insert a clause in the agreement of sale specifying the conditions under which the deposit will be refunded, if the agreement does not already contain such clause If the seller cannot deliver good title, the agreement of sale usually requires the seller to return the downpayment and to pay interest and expenses incurred by the purchaser
The net difference between the purchase price and the mortgage amount
The cash portion paid by a buyer from his own funds, as opposed to that portion of the purchase price which financed
The part of the purchase price which the buyer pays and does not finance with a mortgage
The amount of money at time of purchase a buyer will invest in the purchase The down payment is the difference between the purchase price and the mortgage amount
Private Mortgage Insurance
Cash portion of the purchase price paid by a buyer from his own funds as opposed to that portion which is financed
The cash that a buyer puts down to buy a home and does not finance with a mortgage
A taxable cash pre-payment of the vehicle lease, reducing the Leased Vehicle Amount which may be used to reduce the monthly payments and or residual of your lease
The difference between the sale price of real estate and the mortgage amount
money paid to make up the difference between the purchase price and the mortgage amount Downpayments usually are 10 percent to 20 percent of the sales price on conventional loans, and no money down up to 5 percent on FHA and VA loans
downpayment
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