APR And Interest Rates Answers From A Lender

Dated: 02/14/2018

Views: 69


We sit down with Quy Huynh to talk about APR and Interest rates when you are shopping for a home loan. 

The APR, annual percentage rate, is the amount of interest on the total loan amount that you'll pay annually. This is averaged over the full term of the loan. A lower APR could translate to lower monthly payments.

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