"Now, concerning this ransom, we have to observe, that it was all paid, and all paid at once. When Christ redeemed his people, he did it thoroughly; he did not leave a single debt unpaid, nor yet one farthing (penny in modern speech!) for them to settle afterwards. God demanded of Christ the payment for the sins of all his people; Christ stood forward, and to the utmost farthing paid whate'er his people owed. The sacrifice of Calvary was not a part payment; it was not a partial exoneration, it was a complete and perfect payment, and it obtained a complete and perfect remittal of all the debts of all believers that have lived, do live, or shall live, to the very end of time. On that day when Christ hung on the cross, he did not leave a single farthing for us to pay as a satisfaction to God; he did not leave, from a thread even to a shoe-latchet, that he had not satisfied. The whole of the demands of the law were paid down there and then by Jehovah Jesus, the great high priest of all his people. And blessed be his name, he paid it all at once too. So priceless was the ransom, so princely and munificent (lavish) was the price demanded for our souls, one might have thought it would have been marvellous if Christ had paid it by instalments; some of it now, and some of it then. King's ransoms have sometimes been paid part at once, and part in dues afterwards, to run through years. But not so our Saviour: once for all he gave himself a sacrifice; at once he counted down the price, and said, "It is finished," leaving nothing for him to do, nor for us to accomplish. He did not drivel out a part-payment, and then declare that he would come again to die, or that he would again suffer, or that he would again obey; but down upon the nail, to the utmost farthing, the ransom of all people was paid, and a full receipt given to them, and Christ nailed that receipt to his cross, and said, "It is done, it is done; I have taken away the handwriting of ordinances, I have nailed it to the cross; who is he that shall condemn my people, or lay anything to their charge? for I have blotted out like a cloud their transgressions, and like a thick cloud their sins!"
C.H Spurgeon, taken from a sermon entitiled "Justification by Grace" (http://www.spurgeon.org/sermons/0126.htm)
Take a step back for a moment and consider these words from the quote: "The sacrifice of Calvary was not a part payment; it was not a partial exoneration, it was a complete and perfect payment, and it obtained a complete and perfect remittal of all the debts of all believers that have lived, do live, or shall live, to the very end of time"
If Christ's sacrifice had been in any way lacking in achieving the payment of the debt for our sins, then we would still be dead in our sins, and without hope. But, thanks to God's glorious grace that he has shown us, we are not bound by sin anymore, the complete payment has been paid, Christ took our punishment, stood in our place, and not only that, we have been clothed with Christ's righteousness!! We can enter God's presence without blame or fault, not based on anything we have done, but based on Christ's sacrifice at the Cross, his full and complete payment for our sins!!
Another reminder why our wonderful Saviour, Jesus Christ, is so worthy of all the worship, praise and adoration that he receives!
