Definition of "Principal"

Brenda  Daniel real estate agent
Brenda Daniel, Real Estate Agent SimpliHOM

The portion of the monthly payment that is used to reduce the loan balance.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Mortgage Terms

Popular Mortgage Questions