« Back to Glossary Index

Principal and interest is the dollar portion to repay the loan. All interest that occurs is calculated on the current balance owing. The principal reduces the remaining balance of a mortgage.

Get in Touch

Have a deal to discuss? Let us know!

Give us a ring

407-476-2500
Mon – Fri, 9:00am – 6:00pm ET

E-mail us

[email protected]

Contact Us