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Refinance and Mortgage Encyclopedia - remaining balance

Remaining Balance

The amount of principalThis term is used to mean the employer of an agent; or the amount of money borrowed, or the amount of that has not yet been repaid.

Remaining Balance

The amount of principalThis term is used to mean the employer of an agent; or the amount of money borrowed, or the amount of that has not yet been repaid. (see also "Principal BalanceThe outstanding balance on a loan, excluding interest and fees.")
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