Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between original and current balance?

April 26, 2017Balance original

0

Posted

What is the difference between original and current balance?

1 Answer

0

Posted

Original balance is the amount you originally borrowed, including fees and insurance. Current balance is the amount you still owe on the loan. Your actual payoff amount may differ from the outstanding balance because interest is applied to your account daily. To obtain a payoff amount, please call (602) 433-7000.