Interest paid before it is earned.
Related information about prepaid interest:
- Prepaid Interest Definition | Investopedia
For taxation purposes, most kinds of prepaid interest are expensed over the life of the ... For mortgage loans, prepaid interest can also be the interim interest that ...
- Prepaid interest - What is prepaid interest
What is prepaid interest? Definition and explanation of the phrase prepaid interest, and how to calculate prepaid interest.
- What Is Prepaid Interest ? | California Real Estate Finance
Prepaid interest is interest that you pay in advance. Prepaid interest can only occur at the closing of a loan. It is a one-time thing. The following may.
- prepaid interest - Financial Dictionary - The Free Dictionary
An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement.
- What Is Prepaid Interest?
Brief and Straightforward Guide: What Is Prepaid Interest?
- Prepaid Interest | When to Close Escrow | The Truth About Realty.com
When determining what date in the month you should close escrow, consider prepaid interest, as the closing costs can vary greatly as a result.
- Prepaid Interest | Mortgage Reference Library
Prepaid interest is calculated by multiplying the per diem (per day) interest on the loan by all of the remaining days in the month (remaining days start on the day ...
- Prepaid Interest: Definition from Answers.com
asset account representing interest paid in advance. The interest is expensed, that is, charged to the borrowers profit and loss statement (P & L), as.