Principal:This is actually the overall sum of money you borrow from the lender. A part of your monthly mortgage payment can pay down this equilibrium. HELOC A HELOC is often a variable-rate line of credit that allows you to borrow cash for your established time period and repay them later https://digitalbizgenius.com/navigating-key-worker-mortgages-a-comprehensive-guide-to-getting-the-best-deal/