“Therefore, since we have been justified by faith, we have peace with God through our Lord Jesus Christ.” -Romans 5:1
Whenever we see a wherefore or a therefore in Scripture, it’s a clue for us to go back and see what it’s there for.
In our case, we have been following very closely with the developments of Paul’s argument. He has demonstrated, by appealing to the Covenant promise God made to Abraham which was imputed to him by faith, that justification is by faith and not works of the Law.
Now that we have established, says Paul, that justification is by faith in God and that our faith has secured the same for us that it did for Abraham, we can be sure that we have peace with God through our Lord Jesus Christ.
The English word peace is translated from the Greek word, εἰρήνη (eirene) which means to be in harmony, in a state of concord, and not in a state of war. This is worth meditating and reflecting on. We who were at enmity with God because of our sins, are not longer—we’re at peace with him and counted as sons.
As the substance of God’s promise to Abraham was heirship (peace as a son) through the seed of a once dead and now resurrected son (of which Isaac is a type: first as being dead in Abraham’s loins and second as being resurrected on Mt. Moriah—which would later would become the temple site where sacrifices were made), so is the substance of God’s promise to us who have been justified by faith—peace as sons through God’s resurrected Son (i.e., Mt. Calvary).
Cf. Romans 8:14-17:
For all who are led by the Spirit of God are sons of God. For you did not receive the spirit of slavery to fall back into fear, but you have received the Spirit of adoption as sons, by whom we cry, “Abba! Father!” The Spirit himself bears witness with our spirit that we are children of God, and if children, then heirs—heirs of God and fellow heirs with Christ, provided we suffer with him in order that we may also be glorified with him.
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Well studied and said Scott.