Total Interest Payments

Definition of "Total Interest Payments"

Carly & Neal Krajewski real estate agent
Carly & Neal Krajewski, Real Estate Agent Realty Pros Assured

The sum of all interest payments to date or over the life of the loan. This is an incomplete measure of the cost of credit to the borrower because it does not include upfront cash payments, and it is not adjusted for the time value of money.

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