The total amount of principal owed on a mortgage before any payments are made.
Related information about original principal balance:
- What is original principal balance? - InvestorWords.com
Definition of original principal balance: The total amount of principal owed on a mortgage before any payments are made.
- What is original principal balance? - BusinessDictionary.com
Definition of original principal balance: The total principal owed on a mortgage before a borrower has made a payment.
- Original principal balance
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 ...
- Glossary of Mortgage Terms: O - Original Principal Balance to ...
Glossay of mortgage definitions when buying a home - Original Principal Balance to Owner Financing.
- original principal balance - FindLaw Legal Dictionary
the total principal owed on a mortgage prior to any payments being made.
- Tutorial 5: Calculate the Principal Balance Left on a Loan after ...
Example 5: The original principal balance on the mortgage is $100,000. The borrower is making 12 monthly payments a year of $804.62 per month for 30 years ...
- Real Estate and Mortgage Glossary Terms and definitions O through Z
original principal balance: The total amount of principal owed on a mortgage before any payments are made. origination fee: On a government loan the loan ...
- Principal Balance: Definition from Answers.com
... debt on a loan that has been partially amortized . Example: The original principal balance of $10,000 was amortized to $9,800 by a $200 principal payment.