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Old 10-16-2009, 09:46 AM
Dwayne Dwayne is offline
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Join Date: Aug 2005
Location: North Myrtle Beach, South Carolina
Posts: 11,612
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While the presentation may say "applies to the downpayment"....the earlier poster is correct. It is applied to the final payment...NOT the downpayment.
Thanks LHP! I think I added to the confusion by saying toward the deposit. Tim C was correct. They go towards payments after the deposit is made.

Dwayne