What is the principal balance at the end of a fully-amortizing loan for $200,000?

In the case of a fully-amortizing loan, the structure of the loan is such that it is designed to be paid off completely by the end of the loan term through a series of scheduled payments. Over the course of the loan, both principal and interest are repaid in each payment until the balance reaches zero.

For a loan of $200,000 that is fully amortized, by the conclusion of the designated loan term, the principal balance will indeed be $0. This indicates that all borrowed funds have been repaid in full through the scheduled payments made during the life of the loan. Thus, a fully-amortizing loan guarantees that at the end of the term, there is no remaining balance owed, reaffirming the borrower’s financial obligation is satisfied.

The other options present different amounts as potential outstanding balances, but they do not apply to a fully-amortizing loan, as the payment structure specifically aims to eliminate any debt by the loan’s maturity.