German NOUN B1 Rank 13024

die Anzahlung

down payment

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Anzahlung vs Rate

installment / rate

A rate and a down payment can both be a partial amount of a larger price. “Rate” is part of an agreed payment plan and is paid regularly; “Anzahlung,” on the other hand, is paid immediately at the beginning, while the remainder is due later. Use “Anzahlung” for the initial amount and “Rate” for subsequent installments.

Visual example for Rate
Anzahlung

Beim Kauf des Autos bezahlte die Familie sofort eine Anzahlung.

When buying the car, the family immediately paid a down payment.

Rate

Nach der Anzahlung bezahlt die Familie jeden Monat eine Rate für das Auto.

After making the down payment, the family pays an installment on the car every month.

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In real life

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