loader image
Real Estate Glossary

Annual Percentage Rate (APR)

inflation calculator
Richard Wilson
Written by Richard Wilson

APR is the actual cost of borrowing money. It can be more than the note rate as it represents the full disclosure of loan origination fees, loan discount points, interest rates, and other credit costs that will be paid to the lender.

APR is the actual cost of borrowing money. It can be more than the note rate as it represents the full disclosure of loan origination fees, loan discount points, interest rates, and other credit costs that will be paid to the lender.

About the author

Richard Wilson

Richard Wilson

Leave a Comment