Annual Percentage Rate Definition

InvestorWords.com

Annual Percentage Rate

Definition

APR. The yearly cost of a mortgage, including interest, mortgage insurance, and the origination fee (points), expressed as a percentage.

This content can be found on the following page:

http://www.investorwords.com/cgi-bin/getword.cgi?id=219&term=Annual%20Percentage%20Rate

email to a friend
print this definition
cite this definition
link to this page

'Annual Percentage Rate' appears in the definitions of these other terms on BusinessDictionary.com:

add-on loan, truth in lending

Related Research Articles from the InvestorGuide.com University

Selling a Home
Looking to sell your home or just to find out the best practice for the process? Learn the steps you need to take to sell your home, and how to get the best price.

Introduction to Buying a Home
Learn the steps how to make a sound financial decision when buying a house. Understand what considerations are needed when it's time to decide how much to spend and whether it is better to rent or buy a home.

Mortgages
Learn how to find a mortgage. Learn how to choose between fixed-rate and variable rate mortgages. Understand what points are, and what term or duration is best for you. Learn about pre-qualification, credit history, down payments, refinancing, reverse mortgages, and related topics.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@investorguide.com