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Annual Percentage Rate (APR) is the interest charged for borrowing that represents the actual yearly cost of the loan, including fees, expressed as a percentage.
Learn what an APR is for credit cards and loans, the different types of APRs, what factors affect your interest rate and how to get a low APR.
Annual percentage rate (APR) is the annual cost of borrowing money, including fees. Learn more about how to calculate it, different types of APR and more.
APR is the cost of borrowing money expressed as a yearly percentage. This figure is calculated based on the loan's interest rate and any fees that are part of its terms.
Annual Percentage Rate (APR) is the interest rate charged by a lender on a yearly basis, expressed in the form of a percentage.
Interest rates and APR are different when taking out a loan. While the interest rate is the annual cost of borrowing expressed as a percentage, APR includes other fees such as mortgage insurance, closing costs, discount points, and origination fees. As such, the APR will be higher than the interest rate.
Discover what APR means in the context of loans and credit cards, the costs, how it differs from interest rates, and how to make financial decisions.
Annual percentage rate, or APR for short, is the price you pay for borrowing money from a bank or other financial institution when procuring a credit card, mortgage or other type of loan.
Mortgage APR reflects the interest rate plus the fees charged by the lender. APR helps you compare mortgage offers.
APR stands for annual percentage rate, an interest rate stated as a yearly rate, which can include any fees on a loan.