Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Hangout Hangout November 9, 2021 The principal balance of a loan remaining when the term of the loan is beyond the term of a lease.You Might Also Like: Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings Everyday MoneyStarting an Emergency Savings Account Living QuartersQuestions to Ask Your Home Inspector