Definitions for "Downpayment"
Keywords:  guise, refunded, cashflow, cash, price
Cash portion paid by the buyer from his/her own funds, as opposed to that portion of the purchase price which is financed.
The initial amount paid in cash toward the total price of a home or car. A large down payment may help you get a more favorable interest rate and let you avoid having to buying mortgage insurance.
The difference between the sales price and the loan amount.
Keywords:  anywhere, money, amount, you
The amount of money you put down, normally anywhere from 0 - 25%.