Original principal balance

The total amount of Principal owed on a Mortgage before any payments are made.

Related Terms: 4 Inc., Mortgage, Owe, Principal

Other Related Pages: Category: Real_Estate Starting With: O

Additional Related Terms: Allowance for depreciation, Accrual of discount, Amortization of premium, All or any part, Add-on service, Abstract of title, Action to quiet title, Assignment to creditors, Attorney in fact, Adjustable Rate Mortgage