Cumulative Interest


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Cumulative Interest

The sum of all interest payments to date or over the life of the loan.

This is not a good 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. See Interest Cost.

References in periodicals archive ?
Refinancing would be advantageous when the discounted cumulative interest savings exceed the combined costs to refinance of $3,530 ($1,500 closing costs and $2,030 for points).
As of August 31, 2012, the cumulative interest on RULS owing to KEV's shareholders stood at MYR 619.
This reduces the cumulative interest component of the bond, which reduces the value of the fund.
The adoption of FSP APB 14-1 required an adjustment of previously reported amounts assigned to the debt portion of the Company's convertible debt and related cumulative interest expense.
Elan also retains ownership of two INEX convertible notes of US$12 million and US$15 million, plus cumulative interest on each of 7% per year.
As of December 2012, cumulative interest shortfalls in the amount of $4.
Cumulative interest -- the amount paid out to members over the lifetime of the Trust -- topped $1.
Current cumulative interest shortfalls totaling $1.
Standard & Poor's regards the issue as equity-like, given its 20-year long-term tenor, cumulative interest deferral, and degree of subordination.
In addition, cumulative interest shortfalls totaling $23.
As of November 2012, there are cumulative interest shortfalls in the amount of $18.
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