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  2. Advance payment - Wikipedia

    en.wikipedia.org/wiki/Advance_payment

    Advance payments made as a loan are generally repayable but this is not always the case. In Leibson Corporation and Others v TOC Investments Corporation and Others, an English Court of Appeal case in 2018, [3] it was established following principles of contractual interpretation that, in the absence of any specific language to the contrary, an "advance" is not always repayable.

  3. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction .

  4. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    A home down payment is the part of a home’s purchase price you pay upfront. ... Let’s look at the difference between 3 percent down and 20 percent down on a $400,000 home. With a 30-year loan ...

  5. How much should a house down payment be? - AOL

    www.aol.com/finance/much-house-down-payment...

    If you’re a first-time homebuyer feeling worried by the 20% down payment guidance commonly quoted, know that a down payment can actually be much lower—for example, 3% to 5% depending on loan ...

  6. How much is a down payment on a house? - AOL

    www.aol.com/finance/much-down-payment-house...

    Conventional loan: 3 percent down payment. The down payment requirements for a conventional loan on a primary residence vary depending on the lender, the borrower and the property type. For ...

  7. How to save for a home down payment when rates are falling - AOL

    www.aol.com/finance/save-home-down-payment-rates...

    Down payment assistance programs are grants and low-interest loans that organizations provide to buyers to put toward their down payment or closing costs. ... The difference of a quarter- or half ...

  8. Cash and cash equivalents - Wikipedia

    en.wikipedia.org/wiki/Cash_and_cash_equivalents

    T-bills are auctioned in denominations of $100, up to maximum amount of $5 million (or 35% of the auction offering if a competitive bid) and lack a coupon payment, but instead are sold at a discount, their yield being the difference between purchase price and redemption value, which is paid at maturity.

  9. What is the average down payment for first-time homebuyers? - AOL

    www.aol.com/finance/average-down-payment-first...

    Key takeaways You don’t need to put 20 percent down on a home — the minimum down payment for a house can be much lower. The average down payment on a house for a first-time buyer is just 8 ...

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