Balance

Balance refers to the outstanding amount still owed on a loan at any point during the loan term. It may include principal, accrued interest, or fees, depending on the loan structure.

In bridging loans, the balance is often influenced by whether retained interest is used (where interest is prepaid and held back) and how much of the available loan amount has been drawn. Tracking the balance helps borrowers manage repayments, extensions or early exits.

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