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The NYC man charged with burning a woman to death Saturday murdered his victim because he believed she owed him money, cops say.

SEE ALSO: 30 Percent Of Americans Arrested By Age 23

Jerome Isaac, 47, turned himself in to police after surveillance video showed the handyman dousing 73-year-old  Delores Gillespie with gasoline and lighting her on fire in her Prospect Heights apartment building elevator.

“He indicated that he was responsible for setting a fire – he didn’t say anything about a homicide,” said Paul Browne, the NYPD’s top spokesman.

“Since then, he has made statements implicating himself in the attack.”

He claimed Gillespie owed him a total of $2,000 for maintenance work, a police source said.