You do not get your down payment back because it is  an up-front prepayment of part of your capitalized cost — to help reduce your monthly payments. Some people confuse “down payment” with “security deposit,” which is refundable to you at the end of your lease. Some leases require a security deposit, most do not. See Down Payment for more details.

Posted in: General

adminDo I get my down payment back at lease-end?