whotoblame
|
Down payment is the portion you have to give them at the time you get your braces. The monthly payment is the portion of the bill you have to pay them each month until the bill is paid off. Down and monthly payments will vary depending on the length in months of your repayment schedule and the amount the dentist requires up front. |
|
warsh101
|
If the braces are 5,000. and the want 20% DOWN, THAT WOULD BE A TOTAL OF $1,000. UP FRONT WHEN YOU GO TO THE DENTIST, AND IF THEY ARE GIVING YOU A 24 MONTH TERM TO PAY FOR THEM, YOUR PAYMENTS WOULD BE$166.67 A MONTH FOR 24 MONTHS. gIVE OR TAKE A FEW BUCKS.
$5,000.00 tOTAL
-$1,000.00 dOWN
-----------------------------
$4,000.00 BALAND OVER 24 MONTHS=$166.67 A MONTH FOR 24 MONTHS |
|
Bob T
|
Down payment would be an intial payment amount to start the work that needs to be done- then the remaining money balance will be split up into monthly payments until it is paid in full.
example: Total cost is $5000
down payment $1000
then $4000 will be divided into monthly payments
of 12 months or 24 months or 36 months until fully paid. |
|
Thomson H
|
i only know what monthly payment is it means what you pay a month. |
|
FaZizzle
 |
Down payment is what you pay to show that you are serious--it's security for them that if you pull out of the deal, they still have some money for their troubles.
Monthly payments are to cover the rest of the cost.
So if braces cost $10K and the down payment is $2000, you would have $8000 to pay in monthly installments. |
|
pattys113
|
In getting braces they will ask for a down payment, or a portion of the total cost up front before they will do the work. Once this is established, then they will work out payments that you can afford to pay off the balance while you are getting the work done. This ensures the dentist will get paid. I'm assuming you have no dental insurance? |
|
Walachka
|
a down payment means you pay before getting the item, like maybe 10% downpayment and monthly payments are the small payments you make afterwards until you complete the total price |
|
♥♥The Queen Has Spoken♥♥
|
They should have given you more info... You should ask what percentage is the down payment and who much per month.
It's going to depend on their policy and every doctor has their own payment schedule |
|
sexysaraxx
|
down payment is how much u pay up front. Monthly is every month |
|
Barkley Hound
|
It is up to the dentist. They will charge you an advance fee of a few hundred dollars. You will then pay the balance over a period of time with interest. The down payment and length of time is between you, the dentist, and whoever is handling the financing.
✩ |
|
mbrcatz
 |
Usually it's 25% down, and the balance divided between 17 more payments. |
|
Colin
|
Well I'm not sure but i think down payment is when you pay straight up. Monthly payment is when they spread out the cost over maybe a year so 12 months. That would be about 650$ a month for 12 months. |
|
bamagirl147
 |
A down payment would be the money that you pay upfront, possibly before you get the braces. The monthly payment would be a set price that you pay monthly until you pay off the braces. Hope this helped! |
|
ryan c
|
You give them like $500 for the down payment. Then they put the braces on. Then they bill you the remaining $4500 over the next, say 45 months, at $100 a month. |
|
Anlina S
|
You make an initial payment, which is usually a percentage of the total, upfront when you make your purchase. Then every month you pay a portion of the remaining balance until the whole thing is paid off.
Just to pull some random numbers out of the air, let's say your down payment is $1000, so you would pay that when you got the braces. Then every month you might pay $100 toward the balance (probably with interest accruing) until they were all paid off. |
|
xstal_101
|
you bill probably need to put 500 down payment. Down payment is only a one time payment which is at the beginning. Monthly payments follow. |
|
EmeraldIsle
 |
Then go back to the person who told you about all of this and ASK THEM! Monthly payments are what they demote, a certain amount paid each month until the total amount is paid in full. ASK the "lady" who told you HOW MUCH they would expect each month, based on the EXACT cost. Sheesh, this isn't rocket science! |
|
justokre
|
down payment is a big amount of money you pay at first, then you keep paying more monthly, until you've paid for all of it. |
|
Love My Hubby - Hate His Mom
 |
The down payment is made before services are rendered as sort of a good-faith gesture on the credit they are about to give you. Monthly payments are payments made on the remaining balance until the balance is completely paid off. |
|
SysytyBlitz
|
down is the amount you pay up front, and monthly is how much you pay a month to equal out the amount. |
|
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
