New Principal Balance. Any past due amounts as of the end of the trial period, including unpaid interest, real estate taxes, insurance premiums, and certain assessments paid on your behalf to a third party, will be added to your mortgage loan balance. If you fulfill the terms of the trial period including, but not limited to, making any remaining trial period payments, we will waive ALL late charges that have accrued and remain unpaid at the end of the trial period. INTEREST RATE. The interest rate on your modified loan will be adjusted as noted in the attached Modification Agreement.
New Principal Balance. The Unpaid Principal Balance of your mortgage reduced by the amount of the HFA Funds is the New Principal Balance. If you fulfill the terms of the trial period including, but not limited to, making any remaining trial period payments, we will waive ALL late charges that have accrued and remain unpaid at the end of the trial period.]
New Principal Balance
