Un acompte ou un dépôt est un paiement initial partiel qu'un acheteur verse lorsqu'il effectue un achat financé important. Il est généralement associé à des choses telles que l'achat d'une voiture ou d'une propriété. En ce qui concerne la propriété, presque tous les types de prêts hypothécaires exigent une certaine forme d'acompte, même si son montant peut varier.
The down payment and adjusted monthly payments can be easily determined using our mortgage calculator.
Some may prefer a higher down payment as it typically translates to lower monthly payments. Others may go for a lower down payment because it requires less initial capital. The down payment depends on the amount the borrower is willing to put down and the requirements of the lender.
The type of asset such as a foreclosed asset, single family home, or multiple family residence rarely affects the amount required to put down.
Typically the average down payment requirement can range as low as 3% and reach 20% or higher. This is based on a multitude of many factors and can include the borrowers’ age, their credit score, and reason for purchase.
Down payment requirements tend to be higher if the buyer intends to live in the property. On the other hand, buying a property as an investment as a rental usually has lower requirements.
In some cases where the down payment amount is low, the lender may require mortgage default insurance. This may also be required in some cases where the borrower has a low credit score ranking.
Sources of funds for a down payment can include savings, refinancing a different property, and selling assets to name a few.