Korean phrase
계약금은 ~%예요. kye yak kkeu meun ~ ye yo
Meaning
The down payment is ___%
When to use it
This states the down payment as a percentage. It is a polite way to discuss advance payment in a sale or property transaction.
Example dialogue
계약금은 20%예요. kye yak kkeu meun 20 ye yo
The down payment is 20%.
그럼 잔금은 언제 내요? keu reom chan geu meun eon je nae yo
Then when do we pay the balance?