Principal By Driftwood Realty Group|2020-11-18T12:09:51+00:00November 18, 2020|P| The amount of money upon which interest is paid.
Points By Driftwood Realty Group|2020-11-18T12:09:51+00:00November 18, 2020|P| A one-time charge paid to the lender for issuing a loan. Each point equals one percent of the loan amount and is used to obtain revenue in addition to the interest rate.