principal balance
Also found in: Wikipedia.
principal balance
That portion of the original loan amount which remains unpaid. It does not include accrued interest or fees.
Also found in: Wikipedia.
Mentioned in
?
- add-back
- add-on interest
- adjustable-rate mortgage
- Balloon Mortgage
- bullet loan
- closed-end mortgage
- credit life insurance
- deficiency
- delinquency rate
- direct reduction mortgage
- face value
- interest-only loan
- Loan note
- loan-to-value ratio
- loss payee
- Negative amortization
- nominal exercise price
- partially amortizing loan
- Pool factor
References in periodicals archive
?
Morgan Mortgage Trust 2019-HYB1 (JPMMT 2019-HYB1) is a prime RMBS transaction comprising 703 hybrid adjustable-rate mortgages (ARMs) with an aggregate principal balance of $557.5 million as of the August 1, 2019 cut-off date.
The Horizon Funding Trust 2019-1 securitization is a private securitization under Rule 144A and to persons outside the United States pursuant to Regulation S under the Securities Act in which Horizon expects to sell a pool of loans with an aggregate principal balance of approximately USD 160 million to a securitization trust and receive proceeds from the issuance and sale of rated notes.
CIRT LR FE 2019-1 secures commitments from a panel of eight insurers and reinsurers to cover up to $1.15 billion in unpaid principal balance for loans to be acquired by Fannie Mae between July 2019 through June 2020.
iPic expected to draw down a "substantial portion" of the remaining principal balance of the credit facility to make the interest payment.
While Walmart cards currently make up 12.2% of the principal balance of the Fitch-rated Synchrony Credit Card Master Note Trust pool as of March 2018, we do not anticipate the expiring contract to have negative impact on the outstanding ratings of the notes.
The sale consists of approximately 21,400 loans, having an unpaid principal balance of approximately USD 4.4bn, and is available for purchase by qualified bidders.
As long as they made their payments on modified loans on time, they could receive a $1,000 reduction in the principal balance of their loans in each of the first five years.
Such terms could be one or a combination of: a longer repayment period, lower interest rates, condonation of interest and penalties (if any) or reduction of the principal balance.
The repricing is expected to generate annualized interest expense net savings of approximately USD14 million based on the current principal balance outstanding.
In the first quarter of 2015, the company repurchased USD63 million (principal balance) of convertible notes outstanding.
The loan, secured by a town home development on 158,994 s/f of land, had an unpaid principal balance of $6,034,420.
The Class A and Class B Notes are backed by MYR 287.20 million of principal balance on the HP receivables and MYR 48.83 million of available cash.
Financial browser
?
- ▲
- primary market
- primary metropolitan statistical area
- primary mortgage market
- primary offering
- Primary Residence
- primary sector
- primary shares
- primary trend
- prime
- Prime Bank
- prime bank scam
- prime broker
- Prime Brokerage
- prime contractor
- prime paper
- prime rate
- Prime rate fund
- prime tenant
- prime-rate fund
- Primitive security
- Prince Edward Island Dollar
- Prince Edward Island Pound
- principal
- Principal amount
- principal and interest payment
- principal balance
- principal broker
- Principal Exchange Rate Linked Security
- Principal Exchange-Rated-Linked Securities
- principal exchange-rate-linked security
- Principal Finance
- Principal Finance Officer
- Principal Investing
- principal limit
- principal market
- principal meridian
- Principal Only
- Principal Order
- Principal Payments
- Principal Place of Business
- principal residence
- principal risk
- principal stockholder
- principal trade
- Principal, Interest, Taxes, and Insurance
- principal, interest, taxes, and insurance payment
- Principal-agent relationship
- principal-agent theory
- principal-only
- principal-only securities
- Principal-Protected Note
- ▼
Full browser
?
- ▲
- Principal Ammunition Technical Officer
- Principal amount
- Principal amount
- Principal amount
- Principal Amounts
- Principal and Interest
- principal and interest payment
- Principal and Interest Payments
- Principal and Surety
- Principal Anti-Air Missile System
- Principal arterial
- Principal arterial
- Principal arterial road
- Principal arterial road
- Principal Arterial-Interstate
- principal artery of thumb
- Principal Assessment for Student Success
- Principal Assistant Responsible for Contracting
- Principal axes
- Principal axes
- Principal axes
- Principal axes
- Principal axes of a quadric
- principal axis
- principal axis
- principal axis
- principal axis
- principal axis
- principal axis of strain
- principal axis of stress
- principal balance
- Principal Bank for Development and Agricultural Credit
- Principal beam
- Principal Behavioral Health Care
- Principal Block Number
- Principal boy
- Principal boy
- principal boys
- principal boys
- Principal brace
- Principal branch
- principal broker
- principal building
- Principal Certified Lotus Professional
- Principal challenge
- Principal Chief Conservator of Forests
- Principal Chief Controller of Accounts
- Principal Civil Medical Officer
- Principal Civil Service Pension Scheme
- Principal Clinical Research Associate
- Principal Combined Fund Organization
- Principal Companions of the New Zealand Order of Merit
- Principal component
- Principal Component 1
- Principal component analysis
- Principal Component Analysis of Instrumental Variables
- Principal Component Analysis Ratio 2
- Principal Component Elimination Method
- Principal Component Factor Analysis
- Principal Component Filter
- Principal Component Filter Bank
- ▼