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11 August, 07:16

In a mortgage, the amount of money borrowed is called the?

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  1. 11 August, 07:24
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    In a mortgage, the amount of money borrowed is called the? Loan principal. The loan principal is the amount of money borrow and the mortage is what you are paying with principal plus interst. The money you are borrowing is a loan amount and you are paying the lender back.
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