Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
Outstanding principal balance: Add together the amount of the outstanding balance on the existing FHA-insured first lien, closing costs, prepaid expenses, and then subtract any refund of the UFMIP and add the new UFMIP.