diff --git a/CHANGELOG.md b/CHANGELOG.md
index bfff0a1fdb..85d810ebef 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -55,6 +55,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 ### Improvements
 
 - [935](https://github.com/umee-network/umee/pull/935) Fix protobuf linting
+- [962](https://github.com/umee-network/umee/pull/962) Streamline AccrueAllInterest
 
 ## [v2.0.2](https://github.com/umee-network/umee/releases/tag/v2.0.2) - 2022-05-13
 
diff --git a/x/leverage/keeper/interest.go b/x/leverage/keeper/interest.go
index c7360f33cf..35e7c171b3 100644
--- a/x/leverage/keeper/interest.go
+++ b/x/leverage/keeper/interest.go
@@ -111,21 +111,22 @@ func (k Keeper) AccrueAllInterest(ctx sdk.Context) error {
 		prevTotalBorrowed := k.getAdjustedTotalBorrowed(ctx, token.BaseDenom).Mul(scalar)
 
 		// calculate total interest accrued for this denom
+		interestAccrued := prevTotalBorrowed.Mul(increase)
 		totalInterest = totalInterest.Add(sdk.NewCoin(
 			token.BaseDenom,
-			prevTotalBorrowed.Mul(increase).TruncateInt(),
+			interestAccrued.TruncateInt(),
 		))
 
 		// calculate new reserves accrued for this denom
 		newReserves = newReserves.Add(sdk.NewCoin(
 			token.BaseDenom,
-			prevTotalBorrowed.Mul(increase).Mul(token.ReserveFactor).TruncateInt(),
+			interestAccrued.Mul(token.ReserveFactor).TruncateInt(),
 		))
 
 		// calculate oracle rewards accrued for this denom
 		oracleRewards = oracleRewards.Add(sdk.NewCoin(
 			token.BaseDenom,
-			prevTotalBorrowed.Mul(increase).Mul(oracleRewardFactor).TruncateInt(),
+			interestAccrued.Mul(oracleRewardFactor).TruncateInt(),
 		))
 	}