### Question
What does 10-down mean?


### Answer
**10-down** has the following meaning in *38 U.S.C. § 3729*:

> a downpayment of 10 percent or more of the total purchase price or construction cost of the dwelling

#### Citation:
  - *38 U.S.C. § 3729*
  - Heading: **PART III-READJUSTMENT AND RELATED BENEFITS > CHAPTER 37-HOUSING AND SMALL BUSINESS LOANS > SUBCHAPTER III-ADMINISTRATIVE PROVISIONS**

