Regardless of the term, the principal payments on a $100,000 mortgage will total exactly $100,000 unless the borrower defaults.

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The principal payments on a mortgage are designed to repay the borrowed amount, which is $100,000 in this case. Regardless of the term or interest rates, the total principal repaid will be $100,000 unless the borrower defaults, in which case the total repaid could be less.

Regardless of the Term, the Principal Payments on a $100,000