sˈʌmtaɪmz, ðə bˈɑːɹoʊɚ mˈeɪ ˈɔːlsoʊ biː ˈeɪbəl tə pˌiːˌaɪkˈeɪ sˌʌm pˈoːɹʃən ʌvðɪ ˈɪntɹɛst jˈuːʒuːəli hˈæf wˌaɪl pˈeɪɪŋ ðə ɹˈɛst ɪn kˈæʃ; æt tˈaɪmz, ˈoʊnli sˌʌm ʌvðɪ ˈɪntɹɛst mˈeɪ biː pˈeɪd ɪn kˈaɪnd ænd ðə ɹˈɛst ɪz kˈæʃˈoʊnli.
Sometimes, the borrower may also be able to PIK some portion of the interest (usually half) while paying the rest in cash; at times, only some of the interest may be paid in kind and the rest is cash-only.