When Allah talks about interest is it only haram to take interest such as you are forcing someone to pay you more than what you loaned them or is it also haram to be on the other side of interest where you are paying it because in this ayah of the Quran it says...

O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers.And if you do not, then be informed of a war [against you] from Allah and His Messenger. But if you repent, you may have your principal - [thus] you do no wrong, nor are you wronged. [Surat Al-Baqarah 2:278-279]


See the bolded part. It is interest that is due to you. So are things then like taking a mortgage or student loans with interest haram because in those cases you are not owed interest but you are paying it