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Getting Pre-Approved
FAQs
Closing
Getting Pre-Approved
Post-Close
Making Offers
Loan Products
Mortgage Interest Rates
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Knowledge Base
FAQs
Getting Pre-Approved
FAQs
Closing
Getting Pre-Approved
Post-Close
Making Offers
Loan Products
Mortgage Interest Rates
What is principal?
The original balance of a loan, excluding interest charges.
The principal is the
original balance of a loan
, excluding interest charges.