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Capital vs Principal balance

[Deleted User] · 2018-09-04 12:34:18

I'm trying to make a payment on my principal balance with my mortgage provider but all documentation they provide me states the payment will be against my 'Capital Balance'. Are these the same thing? Is one just an American term that we don't use in Ireland?

04-09-2018 1:34pm

#1

[Deleted User]
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I'm trying to make a payment on my principal balance with my mortgage provider but all documentation they provide me states the payment will be against my 'Capital Balance'.

Are these the same thing? Is one just an American term that we don't use in Ireland?

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#2 04-09-2018 1:37pm

Seve OB

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Yes

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