interest payments
Borrowing cost installments
Interest payments are sums paid by a borrower to a lender as the cost of using borrowed money, calculated as a percentage of the principal.
They appear regularly in contexts of mortgages, bonds, credit cards, and loans: The monthly interest payments on the house were more than we expected.
Interest payments are distinct from principal payments, which reduce the actual debt owed.
- loanBorrowed money repaid later
- principalChief school administrator
- usury lawsStatutes limiting interest rates
- mortgageSecured home loan
- debt servicingPaying what's owed
loan agreement · monthly payment · bond · payment schedule · minimum payment · promissory note · late fees · bankruptcy code · refinancing · pay down · debt trap · sovereign debt · credit card · APR · consumer protection laws · debt consolidation · accrued · government bonds
- expensesexpenses, expense, expenditure, cost, costs
- bankingbank, banks, ATM, ATMs, account
- debtdebt, creditor, owe, debtor, lender
- federal budgetfederal budget, appropriations, deficit, national budget, surplus
- Federal Spendingdefense budget, military spending, healthcare spending, infrastructure spending, education funding
- fiscal crisisdebt crisis, fiscal crisis, fiscal emergency, insolvency, budget deficit
interest paymentsinterest income
Money earned from loans
interest earnings · investment returns · dividend income · yield