This seems particularly true in the case of private loan balances.
The result, $74,163, is the loan balance as of May 1, 1988.
Question: What is the loan balance at the end of year seven?
This will give you an outstanding loan balance of $79,268.02.
But the company says the value of a Fresno project is less than the outstanding loan balance.
But keep in mind that you are only paying the interest so your loan balance stays the same.
Their loan balance is now declining far more rapidly - by about $460 a month at present.
The bank statement listed the remaining loan balance as $286,770.
This number is a total of all transactions over time and not the outstanding loan balance.
Do you own it outright or have a low loan balance?
