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Down-Payment Amount Formula

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Down Payment Amount is the initial payment made by a buyer towards the purchase price of a property, usually expressed as a percentage of the total price. Check FAQs
DPA=SP⋅%P
DPA - Down Payment Amount?SP - Final Sale Price?%P - Percentage Payment?

Down-Payment Amount Example

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With units
Only example

Here is how the Down-Payment Amount equation looks like with Values.

Here is how the Down-Payment Amount equation looks like with Units.

Here is how the Down-Payment Amount equation looks like.

500000Edit=2.5E+6Edit⋅0.2Edit
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Down-Payment Amount Solution

Follow our step by step solution on how to calculate Down-Payment Amount?

FIRST Step Consider the formula
DPA=SP⋅%P
Next Step Substitute values of Variables
∴ DPA=2.5E+6⋅0.2
Next Step Prepare to Evaluate
∴ DPA=2.5E+6⋅0.2
LAST Step Evaluate
∴DPA=500000

Down-Payment Amount Formula Elements

Variables
Down Payment Amount
Down Payment Amount is the initial payment made by a buyer towards the purchase price of a property, usually expressed as a percentage of the total price.
Symbol: DPA
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Down Payment AmountOpen Variable
Final Sale Price
Final Sale Price is the total amount paid by a buyer to acquire a property or asset at the conclusion of a sales transaction.
Symbol: SP
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Final Sale PriceOpen Variable
Percentage Payment
Percentage Payment refers to a portion of a total amount, usually expressed as a percentage of the whole.
Symbol: %P
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Percentage PaymentOpen Variable

Credits

Creator Image
Created by Keerthika Bathula LinkedIn Logo
Indian Institute of Technology, Indian School of mines, Dhanbad (IIT ISM Dhanbad), Dhanbad
Keerthika Bathula has created this Formula and 100+ more formulas!
Verifier Image
Verified by
IGNOU (IGNOU), India
Aashna Bakshi has verified this Formula and 50+ more formulas!

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How to Evaluate Down-Payment Amount?

Down-Payment Amount evaluator uses Down Payment Amount = Final Sale Price*Percentage Payment to evaluate the Down Payment Amount, The Down-Payment Amount is the initial payment made by a buyer towards the purchase price of a property, usually expressed as a percentage of the total price. Down Payment Amount is denoted by DPA symbol.

How to evaluate Down-Payment Amount using this online evaluator? To use this online evaluator for Down-Payment Amount, enter Final Sale Price (SP) & Percentage Payment (%P) and hit the calculate button.

FAQs on Down-Payment Amount

What is the formula to find Down-Payment Amount?
The formula of Down-Payment Amount is expressed as Down Payment Amount = Final Sale Price*Percentage Payment. Here is an example- 500000 = 2500000*0.2.
How to calculate Down-Payment Amount?
With Final Sale Price (SP) & Percentage Payment (%P) we can find Down-Payment Amount using the formula - Down Payment Amount = Final Sale Price*Percentage Payment.
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