asked 186k views
4 votes
What is down payment with regard to buying a house?

A. a part of the purchase price paid in installments
B. a part of the purchase price paid in cash
C. an interest on the purchase price

asked
User Hitobat
by
8.3k points

2 Answers

4 votes

Answer:

B. a part of the purchase price paid in cash

Step-by-step explanation: It is what you pay when you make the deal, and it is usually non-refundable. You pay this to make the seller sure that you won't give up on buying that house.

answered
User Terryl
by
7.8k points
4 votes

Answer: It is C. an interest on the purchase price

Explanation:

answered
User Santosh Tiwary
by
7.7k points
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