Asked Oct 23, 2019

What is calculation of Outstanding Mortgage Balance (Repayment of Mortgage)?  Please provide example.

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Step 1

Outstanding Mortgage Balance refers the loan outstanding at any point in time after the loan has been disbursed. It's calculated using either of the two methods below:

  • Original mortgage amount [-] The principal repaid till date
  • Present value of all the future mortgage payments
Step 2


Suppose you have taken a loan of $ 100,000 5 years ago for a period of 10 years at an APR of 10%. Assume that you...

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