VIVA Personal Finance Blog

How to find the principal of a loan?

Updated: Aug 17

The loan principal is the outstanding (unpaid) balance of the loan. This part of the loan can accrue interest. When you first take out a loan, the principal can include the total amount financed plus any fees that can be added to the principal, like origination fees.

The principal will decrease as you make payments on the loan. Missed payments, however, may lead to additional fees and increase the principal.

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