Apr
Date: Mon, 12/13/2010 - 02:40
Apr
I am planning to take out a mortgage loan next month. I am hearing a lot of things about APR. What is it? What items are generally included in APR?
Have you tried a google search? APR-annual percentage rate. It
Have you tried a google search?
APR-annual percentage rate. It is your interest rate.
The term annual percentage of rate (APR) is used to describe the
The term annual percentage of rate (APR) is used to describe the interest rate for a whole year and not just the monthly fee or rate, as applied on a mortgage loan, credit card, etc. It is mandatory for the lenders to disclose the APR before the loan or credit application is finalized.