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.
1 Interest of 10% shall continue to be charged on the outstanding principal balance until fully paid. 2  Any excess in the amortization payment shall be applied to the outstanding principal balance.  Loan amortization not remitted on due date shall bear a penalty of 1% per month until the loan is fully paid.