{"data":{"id":"us/7-cfr-765.154","jurisdiction":"us","citation":"7 CFR 765.154","heading":"Distribution of payments.","body":"The Agency applies both regular and extra payments to each loan in the following order, as applicable:\n(a) Recoverable costs and protective advances plus interest;\n(b) Deferred non-capitalized interest;\n(c) Accrued deferred interest;\n(d) Interest accrued to date of payment; and\n(e) Loan principal.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE","SUBCHAPTER D—SPECIAL PROGRAMS","PART 765—DIRECT LOAN SERVICING—REGULAR","Subpart D—Borrower Payments"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"40c11d29d414f7ad8c8e79138653763e22aaf5e7de1284e6b417be703ed03490","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-765.153","next":"us/7-cfr-765.155"},"notice":"GroundRules: Original legal text. Not legal advice."}