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Soheil1 Posted 6 years ago
Grammar

Down

Hi

What does down mean in:

We paid $277,500 for the condo, with 40 percent down (thanks to some help
from Toot) and a thirty-year fixed mortgage


?Thanks in advance

  

Top answer

soheil1 40 percent down This means that the first payment will be 40% of the total amount. ) CJ

— CalifJim

  • soheil1 40 percent down This means that the first payment will be 40% of the total amount.
  • ) CJ
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1 Answers
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soheil140 percent down

This means that the first payment will be 40% of the total amount. (The other 60% will be paid in a series of monthly payments over thirty years.)

CJ

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