The outstanding balance of principal on a mortgage, which does not include interest or other charges.
Related information about principal balance:
- Principal balance - Wikipedia, the free encyclopedia
Principal balance, in regard to a mortgage or other debt instrument, is the amount due and owing to satisfy the payoff of the underlying obligation. Amortized ...
- What is principal balance? - InvestorWords.com
Definition of principal balance: The outstanding balance of principal on a mortgage, which does not include interest or other charges.
- What Is a Principal Balance?
Aug 23, 2012 ... A principal balance is the amount outstanding on a loan that needs to be repaid to satisfy a debt. It does not take into account...
- Principal Balance vs. Payoff Balance
Mar 18, 2009 ... For example, you receive your February mortgage statement and the principal balance is $210,325. You are scheduled to refinance your ...
- What is principal balance? - BusinessDictionary.com
Definition of principal balance: Amount of loan remaining unpaid, not including interest and other charges.
- Tutorial 5: Calculate the Principal Balance Left on a Loan after ...
Tutorial 5: Principal Balance Left on a Loan after Payments have been made. Balloon loans Try using different values, REMEMBER, always SUBTRACT the ...
- Remaining Principal Balance financial definition of Remaining ...
The amount of principal dollars remaining to be paid under a mortgage as of a given time. Remaining Principal Balance. The amount of the principal of a loan ...
- Unpaid Principal Balance - AccountingTools
Definition: Unpaid principal balance is that portion of a loan that has not yet been paid back to the lender. A typical loan payment is comprised of both an interest ...