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.
For example: If you wished to pay an additional 25% of the principal balance on a given due date we would add that amount to your payment and your next due date will be calculated as a 25% decrease from your previous principal balance.