Jacob Liam Designer and Visualist.. 33 Thoughts 9 Thinkings 0 Vibrations 1k TRP View Profile 2 Question Jacob LiamExplainer R: July 21, 20202020-07-21T15:10:43+02:00 2020-07-21T15:10:43+02:00In: Finance what is principal amount 2 what is principal amount amountfinanceprincipal Share Facebook Thoughts Flow For You: how much is considered broke how to trade bitcoin how to start bitcoin mining how to trade on takido marketplace what would you spend 100 dollars on 1 Think Streamed Oldest Recent Stumble Teddy Loyd NSR [email protected] 2 Thoughts 17 Thinkings 1 Vibration 3mil TRP View Profile Teddy Loyd Creator NSR [email protected] 2020-09-23T10:36:20+02:00Dropped a think on September 23, 2020 at 10:36 am Principal amount, in the context of borrowing, it is the initial size of a loan amount; it can also be the amount still owed on a loan. Let’s say you take out a $50,000 mortgage; for example, the principal is $50,000. So if you pay off $30,000, the principal balance now consists of the remaining $20,000. 1 Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp You must login to add an answer.Continue with FacebookContinue with GoogleContinue with Twitteror use Username or email* Password* Remember Me! Forgot Password?