Annual Percentage Rate (APR)

by | Dec 31, 2024 | Auction News | 0 comments

What is Annual Percentage Rate (APR) in real estate loans?

Annual Percentage Rate (APR)

Annual Percentage Rate (APR): The cost of a loan or other financing as an annual rate. The APR includes the interest rate, points, broker fees and certain other credit charges a borrower is required to pay.

     

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