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The amount of the original loan you still owe. Although the principal goes down each month as you make payments, you still pay interest each month on the remaining principal until it's paid off.
The total principal amount of money borrowed.
The amount of money owed to a lender on which interest accrues.
The total sum of money borrowed.
Loan Principal is the original amount of money borrowed
Amount of original loan you still owe. The principal goes down each month as you make payments. You pay interest each month on the remaining principal until it's paid off. To beginning of page
The amount of money you borrow and the sum on which interest is charged.
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