down payment

• Pago inicial que se realiza al comprar un bien costoso, como una casa o un automóvil, y que se complementa después con el pago del resto mediante plazos o un crédito.

An initial upfront payment made when purchasing something expensive, such as a house or car, with the remaining balance paid over time through installments or a loan.

1. Initial paymentB2formal

   A partial payment made at the time of purchase, with the balance to be paid later, often in installments.

   pago inicial

   • We need to save enough for a down payment on a house.
   • The car dealer required a 20% down payment.
   • She made a large down payment to reduce her monthly mortgage.