In mortgage loans, the principal part of the total loan amount - the amount on which interest is charged - as written or shown on the first (face) page of the loan agreement at the time the loan is issued.
Related information about original face value:
- What is original face value? definition and meaning
Definition of original face value: In mortgage loans, the principal part of the total loan amount - the amount on which interest is charged - as written or shown on ...
- Original face value
Similar financial terms. Original maturity. Maturity at issue. For example, a five year note has an original maturity of 5 years; one year later it has a maturity of 4 ...
- Current Face Definition | Investopedia
Current face is determined by multiplying the current pool factor by the mortgage- backed security's original face value. A mortgage-backed security's current face ...
- Original face value - Financial Dictionary - The Free Dictionary
Original face value. The principal amount of a mortgage as of its issue date. Original Face Value. The amount one borrows in a loan, especially in a mortgage .
- Original Face Value: Definition from Answers.com
The principal amount owed on a mortgage on the day it closes. Example: When the Browns took out the mortgage to buy their home, it was for the amount of.
- Original face value Definition - NASDAQ.com
Original face value: read the definition of Original face value and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
- Bond Pricing Terminology - Bob Brinker's Land of Critical Mass ...
A bond's coupon rate is the annual percentage rate that will be paid to the owner of the bond, based on the bond's original face value. A bond with a coupon rate ...
- Article: Ancient coins available at original face value!
Some ancient coins cost less now than they did in Ancient Rome.