A debt can have several perfectly correct numbers attached to it. Confusion starts when they are treated as though they answer the same question.
Exorda keeps three of them visible: remaining debt principal, debt commitments and current monthly payments.
How much debt is left?
Debt principal is the current recorded balance: how much remains today according to the latest value in Exorda.
This is the number used when current net worth is calculated. Assets are reduced by the remaining principal, not by the original mortgage amount or the full limit of a credit card.
How large are the agreements?
Debt commitments describe a broader responsibility. For active liabilities, Exorda uses the original principal entered for a loan or the credit limit entered for a card.
It is an Exorda tracking measure, not a legal opinion about a claim and not another name for current debt.
Two numbers, both useful
Suppose a mortgage began at €180,000 and €130,000 remains. There is also a credit card with a €5,000 limit and a balance of €400.
The recorded debt principal is €130,400. The recorded debt commitment is €185,000.
The first number describes what is currently owed. The second describes the size of the active debt and credit arrangements entered in Exorda.
Why include unused credit?
An open card limit remains available even when it has not been used. That is why the whole recorded limit is included in debt commitments while the card is active.
This can make the commitment figure look surprisingly large. It is meant to. Hiding the unused portion would make an open €5,000 arrangement look like a €400 arrangement in the example above.
If you only want to know what you owe now, use debt principal.
The monthly burden
Neither principal nor commitment tells you how much leaves the account each month. Current monthly payments are shown separately.
A large mortgage can have a manageable monthly payment. A much smaller collection of short loans can put more pressure on the month. That is why Exorda does not collapse all three figures into one debt score.
They are not competing answers. They are answers to different questions.