The Old Covenant, given through Moses, emphasized God's holiness through laws, sacrifices, and temple worship, and was meant to guide Israel and point forward to the coming Messiah (Exodus 19:5–6; Leviticus 16; Jeremiah 31:31–34). It was temporary and conditional, with blessings for obedience and curses for disobedience (Deuteronomy 27–28). The New Covenant, established through Jesus’s death and resurrection, fulfills the Old and offers salvation by grace through faith to all who believe—Jews and Gentiles alike (Luke 22:20; Romans 3:21–22; Galatians 3:7–9). Instead of repeated animal sacrifices, Jesus’s once-for-all sacrifice grants direct access to God and the indwelling of the Holy Spirit (Hebrews 10:12–22; 1 Corinthians 6:19–20). While the Old Covenant looked forward to Christ’s work, the New Covenant rests in it, enabling believers to live transformed lives by faith.
It is important to recognize that the Old Covenant itself was never a means of salvation. It pointed to God's holiness, revealed humanity's sinfulness, preserved a family line through whom the Messiah would come, and gave civil regulations for a nation. Salvation has always been by God's grace through faith. Atonement for sin has always depended on Jesus's work on the cross. Under the Old Covenant, faith was demonstrated by obedience to God's laws. Under the New Covenant, our faith is in Jesus Christ. The Old Covenant pointed forward to Jesus's work. The New Covenant looks back to His work and allows us to enter into the godly life made possible because of it.
Jesus beautifully demonstrated the relationship between the Old Covenant and the New Covenant the night before His crucifixion. The Passover meal was the annual remembrance of God's rescue of Israel from slavery in Egypt, particularly the final plague in which God killed the firstborn of the Egyptians. With the blood of a sacrificial lamb on their doorposts, the Israelites were spared. That lamb ultimately represented Jesus—"the Lamb of God, who takes away the sin of the world" (John 1:29; cf. 1 Peter 1:18–21). When Jesus took the bread that night, He said, "'Take, eat; this is my body.' And he took a cup, and when he had given thanks he gave it to them, saying, 'Drink of it, all of you, for this is my blood of the covenant, which is poured out for many for the forgiveness of sins'" (Matthew 26:26–28). Jesus fulfills the Old and has ushered in the New Covenant. May His name be praised!