Mr. Bender. I believe you mean 'unearned' interest? But what mechanism in the contract, land or otherwise, would a party accumulate unearned interest? So maybe you mean "earned" interest, that is, interest that is part of the contract, but not paid yet? The owner of a land contract when paying a balance, would pay the amount of the original note, plus any interest that has accrued from the last payment date to the date of closing. If you will visit your escrow-title company and bring them your information, they will be able to help and let you know exactly what the pay-off amount would be at closing. Hope this helps.