Interest is the extra money paid to a lender for the use of borrowed money.
In Leander. In 2025-26, 66% of the district’s $152.6 million in loan payments was interest.1
Everyday comparison. It is like the finance charge on a car loan.
Related terms: principal, debt service, growing loan. Read more: interest.
Footnotes
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Leander ISD, Annual Comprehensive Financial Report 2025, debt schedule, page 46. Local copy. ↩