When interest is added to the amount borrowed. For example, a $5,000. 00 loan at a 10% nominal rate for one year would have the $500. 00 interest added to the loan amount. The base loan amount would be $5,500. 00, but the borrower would actually receive $5,000. 00 at closing.

Interest that is calculated on a loan, then added onto the principal to obtain the loan amount.

Interest that isn't paid by the debtor, but added to the principal amount.

Interest that is calculated at the beginning of the loan and added to the principal amount owing. This means that the added interest must also be repaid, even if the loan is paid off early.

The amount of interest paid on the principal of a loan for the term of that loan.

The full amount of interest calculated on the original principal for the term of the loan. This interest is added to the original principal, thereby becoming a part of the face amount of the promissory note.

The interest a borrower pays on the principal for the duration of the loan.

Interest charged on the original amount of a loan throughout the term of a loan (vs. interest charged on a declining principal balance).

Interest that is computed at the beginning of the loan, then added to the principal, so that all must be repaid, even if the loan is paid off early.