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Principal

  • Listed: August 13, 2022 1:57 pm
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Description

Principal

The principal is the amount of a mortgage loan that you have to pay back. Your monthly payment includes a portion of that principal. When a payment on the principal is made, the borrower owes less, and will pay less interest based upon a lower loan size.

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Listing ID: 25662f7ada0bcb5d

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