IC 37-1-2-33: "Principal"

Sec. 33. "Principal" of a mortgage transaction means the total of:

(1) the net amount paid to, receivable by, or paid or payable for the account of the debtor; and

(2) to the extent that payment is deferred, amounts actually paid or to be paid by the creditor for registration, certificate of title, or license fees if not included in subdivision (1).