Your English writing platform
Discover Ludwig'loan principal' is a correct and usable phrase in written English.
It refers to the original amount borrowed in a loan, and not any additional fees or interest accrued. Example sentence: I paid off the loan principal and all associated interest charges.
Exact(60)
Interest is calculated as a percentage of the loan principal.
The borrower must still repay the loan principal, minus payments already made.
A legacy portfolio of $5.2 billion in mortgage loan principal would be sold separately.
Alumni will be reimbursed for loan principal at a rate of 1/10 annually.
The proposed form shows how much of the monthly statement goes to the loan principal, interest and fees.
In other cases, the money might be used to help mortgage holders whose loan principal exceeds the home's current value.
There is another, little-known option that can avoid refinancing and its costs, which generally run 3 to 6 percent of the outstanding loan principal, according to LendingTree.
Using the permanent 1 percent cash back reward, if you spent $2,500 a month on the card, you would have $25 go toward your loan principal.
It could even help underwater borrowers restore equity in their homes if borrowers used some of their savings to pay down their loan principal.
Announced in late March, it calls for lenders to modify troubled mortgages by cutting the loan principal, which restores some equity to borrowers while lowering the payment.
In a bankruptcy, such homeowners would likely have their loan principal reduced, lowering their payments and helping them to rebuild equity.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com