The loan amount refers to the contract amount signed by the borrower and the lender, that is, the amount lent by the lender (bank) to the borrower.

The loan balance refers to the total loan that the borrower has not returned to the lender (bank) as of a certain node date.

2. Different characteristics

The loan amount refers to the total amount of bank loans, and its amount will not change. However, as the borrower repays the loan on schedule within the repayment period, its amount will constantly change.

3. The amount is different

The bank loan amount is different from the loan balance, and the initial bank loan amount plus loan interest is equal to the initial bank loan balance. However, with the change of repayment period, after the loan balance is repaid in installments, the amounts of the two are still different.