1 I owed such a debt, it could not be met,
He paid it, tho great was the cost;
On dark Calvary Christ suffered for me
He paid it, tho great was the cost.

Refrain:
He paid it for you, He paid it for me
He paid it, tho great was the cost;
He suffered alone our sins to atone
He paid it, tho great was the cost.

2 My soul was enslaved, condemned and depraved,
He paid it, tho great was the cost;
I owe Him my all, I'm saved from the fall,
He paid it, tho great was the cost. [Refrain]

3 The law of God spoke, its precepts I broke,
He paid it, tho great was the cost;
My sentence was clear, eternity near
He paid it, tho great was the cost. [Refrain]