Down Payment
The down payment is mainly used when purchasing expensive items on credit, such as a car or real estate. The down payment is calculated as a percentage of the loan amount and, as a rule, is made by the borrower using his own funds.
The down payment is mainly used when purchasing expensive items on credit, such as a car or real estate. The down payment is calculated as a percentage of the loan amount and, as a rule, is made by the borrower using his own funds.