PRINCIPAL BALANCE COMPUTATION.

Tex. FIN Code § 345.059.
in effect
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The principal balance of a retail installment contract is computed by: (1) adding the cash price subject to the contract and the total of the contract's itemized charges, including a documentary fee authorized under Section 345.251 ; and (2) subtracting the amount of the retail buyer's down payment in money and goods from the amount computed under Subdivision (1).
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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