What is the amount you pay for the purchase of a house that decreases the amount of the loan?

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asked Mar 18, 2019 131k views

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SciGuyMcQ · Answer 1 · 2019-03-24T17:51:05+0000

Down payment is the amount you pay for the purchase of a house that decreases the amount of the loan. It decreases the amount of interest paid over the lifetime of the loan.

What is the amount you pay for the purchase of a house that decreases the amount of the loan?

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