Posts Tagged ‘APR’

Interest Rate and APR. What’s the Difference?

September 20, 2017

Interest Rate and APR. What’s the Difference?

There are a few costs associated with taking out a mortgage. They include the interest rate, points, fees and other charges. The interest rate is the cost you will pay each year to borrow the money. It is a percentage rate and doesn’t reflect any other charges you may have to pay for the loan. […]

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