Total interest payments is 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 up-front cash payments, and it is not adjusted for the time value of money.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). total interest payments. Retrieved September 26, 2026, from http://smartdefine.org/total_interest_payments/definitions/1165356 |
| Chicago | Barry Goldsmith. 2010. "total interest payments" http://smartdefine.org/total_interest_payments/definitions/1165356 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, total interest payments, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/total_interest_payments/definitions/1165356>. |
| MLA | Barry Goldsmith. "total interest payments" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/total_interest_payments/definitions/1165356> |