'Penalty' in the Bible

When Jesus saw their [active] faith [springing from confidence in Him], He said to the paralyzed man, “Son, your sins are forgiven.”

“Why does this man talk that way? He is blaspheming; who can forgive sins [remove guilt, nullify sin’s penalty, and assign righteousness] except God alone?”

Jesus sternly warned them [again and again] not to tell who He was.

He who has believed [in Me] and has been baptized will be saved [from the penalty of God’s wrath and judgment]; but he who has not believed will be condemned.