Find a Real Estate Agent

Whether you're planning on buying or selling a home, choosing the right Real Estate Agent is one of the most important decisions you'll make. Let Real Estate Agent.com help by putting you in contact with a real estate professional nationwide!

 
Glossary Home» Mortgage

Accrued Interest

Interest that is earned but not paid, adding to the amount owed. For example, if the monthly interest due on a loan is $600 and the borrower pays only $500, $100 is added to the amount owed by the borrower. The $100 is the accrued interest. On a mortgage, accrued interest is usually referred to as negative amortization.