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Down payment - Wikipedia
Down payment (also called a deposit in British English), is an initial up-front partial payment for the purchase of expensive items/services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction. A loan of some sort is then required to finance the remainder of the … Se mere
In the United States, down payments for home purchases typically vary between 3.5% and 20% of the purchase price. The Federal Housing Administration has advocated lower down … Se mere
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