# Down Payment ### How do I pay for my long term reservation? If you book a stay of 1 month or more, you will pay a booking deposit and subsequent payments will be made monthly. ### Down payment for the first due date Once you have booked a stay, you will have to pay the down payment for your say. The amount is a minimum of 1 to 2 months of monthly rent depending on your check-in date. We will block this payment and release it to your host 24 hours after your arrival. #### Check-in on the 1st day of the month The amount of the reservation deposit will be a full month. {% hint style="info" %} June 2nd - Peter reserves for July 1st to October 1st ( 3 Months ) * 02/06 – Peter pays 1 month for July * 01/08 – Peter will be debited from the month of August. * 01/09 – Peter will charged from the month September {% endhint %} **Check-in between the 2nd and 31st of month** The amount of the reservation deposit will be 1 whole month plus the prorata of the 2nd month. {% hint style="info" %} 2 June - Peter reserves for 15 July to 1 October (2 and a half months) * 02/06 – Peter pays on a pro rata basis 15 days + 1 month * 01/09 – Peter will charged for 1 full month {% endhint %} **Payment for the next months** After your arrival, we will set up a monthly payment using the same payment method for the entire duration of the reservation. In others words, you won't have to make a second payment until about a month or more after your arrival. The monthly price to be paid is blocked at the beginning of the reservation. You can consult the total cost of your reservation and the payments made in your messages. **Cancellation conditions** **Cancellation conditions** are automatically applied to **all reservations and generally require 30 days** or more notice to end it. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://coliving.hackerhouse.paris/book-and-move-in/payment/down-payment.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.