Outstanding Mortgage Balance in Financial Accounting Formulas

Outstanding Mortgage Balance refers to the remaining amount of principal that a borrower still owes to the lender on a mortgage loan. And is denoted by OMB.

Financial Accounting formulas that make use of Outstanding Mortgage Balance

fxHome Equity Line of CreditGo

FAQ

What is the Outstanding Mortgage Balance?

Outstanding Mortgage Balance refers to the remaining amount of principal that a borrower still owes to the lender on a mortgage loan.

Can the Outstanding Mortgage Balance be negative?

{YesorNo}, the Outstanding Mortgage Balance, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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