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- Annual Percentage Rate (APR)
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Annual Percentage Rate (APR)
The cost of the loan expressed as a yearly rate on the balance of the loan.
Related Terms
Life cap
Capitalization rate
Margin
Interest rate
Annual
Variable rate mortgage
Variable interest rate
Rate lock
Annual mortgagor statement
Fixed-rate mortgage
Mortgage-interest deduction
Teaser rate
Variable rate
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Interest rate caps
Convertible adjustable-rate mortgage
Interest rate buy-down plans
Interest rate ceiling
Step-rate mortgage
Treasury index
Initial interest rate
Certificate of deposit index
Interest accrual rate
Commission
Timeshare
Note rate
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