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14 October, 03:25

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

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  1. 14 October, 06:24
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    The amount you pay is down-payment.
  2. 14 October, 06:58
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    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.
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