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nesha228
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When it ask for outstanding mortgage principal as of 1/1/16 is that the whole amount of the loan?

 
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When it ask for outstanding mortgage principal as of 1/1/16 is that the whole amount of the loan?

That is the whole amount of the loan that is outstanding on 01/01/16.

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3 Replies

When it ask for outstanding mortgage principal as of 1/1/16 is that the whole amount of the loan?

box #2 is 0.00 in my 1098

When it ask for outstanding mortgage principal as of 1/1/16 is that the whole amount of the loan?

That is the whole amount of the loan that is outstanding on 01/01/16.

MargaretL
Expert Alumni

When it ask for outstanding mortgage principal as of 1/1/16 is that the whole amount of the loan?

Yes - the amount of the loan that has not been paid off yet.

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