Real Estate Law
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is the down payment calculated on the price of the property alone or the total of property price P
As a general rule the down payment has nothing to do with the final closing costs or any other concessions that the seller or buyer agree to.
So if the purchase price is $100,000 and the lender is requiring 5% down, the the buyer has to put down $5,000...period. If the closing costs end up increasing the eventual loan amount over the $100K, that wouldn't affect the down payment amount.