Home > Terms > English, UK (UE) > Annual percentage rate/APR
Annual percentage rate/APR
The cost of a mortgage stated as a yearly rate; includes such items as interest, mortgage insurance, and the loan origination fee (points).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Relocation
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- Acronym-Abbreviation:
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