Percentage Rate (APR) -- calculated by using a standard formula,
the APR shows the cost of a loan; expressed as a yearly interest rate , it includes the interest, points, mortgage insurance, and
other fees associated with the loan.
Annual percentage rate (APR) -- is the
cost of credit expressed as a yearly rate. The APR includes the interest rate, points,
broker fees, and certain other credit charges that the borrower is required to pay.
Annual Percentage Rate (APR) -- The APR shows the cost of a loan expressed as a yearly interest rate, including the interest and other fees associated with the loan. Because the APR includes up-front costs paid to obtain the loan, it is usually a higher amount than the interest rate stipulated in the note.
annual percentage rate (APR) -- the rate required by Truth in Lending laws. It is designed to show customers the total cost of credit, including the stated interest rate plus certain finance and service charges.
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