Since we have been justified by faith (like Abraham), we experience peace with God rather than wrath (5:1). The wrath of God has been satisfied in the death of Jesus so that those who are in Christ by faith experience peace, not wrath. Paul uses an aorist passive participle (Δικαιωθέντες) to indicate we did not justify ourselves, but also that this justification is an accomplished fact (Kruse, Romans, 225).
Our experience of peace, however, is a present tense verb (ἔχομεν), having been justified in the past, we are now in a state of peace with God. I should mention the famous textual variant here, some manuscripts read ἔχωμεν, a subjunctive verb rather than indicative. This alternate reading is supported by both Sinaiticus and Alexandrinus, but in both cases a later hand corrected the text to an indicative. In short, Paul appears to be making a statement using the indicative…
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