loan amount
What you owe
The loan amount is the sum of money borrowed, before interest or fees are added.
It represents the principal—what you actually receive and must repay: The loan amount was $250,000, but with interest we'll pay back nearly $400,000.
In mortgage contexts, it's the purchase price minus the down payment.
- principalChief school administrator
- balanceSteadiness or amount owed
- total costComplete expenditure required
- borrowingTemporary taking of another's
- debtMoney owed another
mortgage · credit · credit limit · borrowing power · sum · figure · financing · repayment · annual percentage rate · lender · approval · monthly payment · outstanding · owed · capital · funds · disbursement · refinance
- loan termsinterest rate, short-term, long-term, adjustable rate, fixed rate
- mortgage loanslender, borrower, mortgage broker, underwriting, underwriter
- loanslend, borrow, borrower, lender, microloan
- lendingborrower, approval, lenders, lender, lending
- auto loansmonthly payment, down payment, interest rate, APR, refinance
- payday loanscash advance, rollover, fee, interest rate, borrower
loan amountinterest
Attention, stake, or fee
interest charges · finance charges · interest payment · interest rate · borrowing costs
loan amountpayoff amount
Sum to clear debt
payment · payback · balance due · outstanding balance · loan balance
loan amountequity
Impartial treatment or ownership value
savings · net worth · assets · down payment · collateral
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