Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
This ratio compares your outstanding balances to the limits on individual credit accounts. For example, if you pay off and close a $15,000 car loan early, your personal debt load will drop by the monthly payment amount, but your available credit will drop by $15,000.his ratio compares your outstanding balances to the limits on individual credit accounts. For example, if you pay off and close a $15,000 car loan early, your personal debt load will drop by the monthly payment amount, but your available credit will drop by $15,000.