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| Name | What Is The Difference Between APR And Interest Rate? |
| Video Uploader | Video From The Mortgage Musketeer |
| Upload Date | This Video Uploaded At 17-08-2020 10:00:11 |
| Video Discription | Watch this video to find out how to figure out the best loan for your money. What is the difference between APR and the interest rate? The interest rate is what is applied towards the principal balance of the loan and the Annual Percentage Rate (APR) is representative of certain costs if amrotized over the life of the loan. But an APR is NOT your interest rate. Your interest rate is what it is vs. the APR that can vary depending upon what fees are applied and if you have mortgage insurance, So although most people have been taught to ask about the APR, there is another more important question to ask, and I break it down in this video. NMLS# 1416990 Company NMLS 2438205 My Website: www.musketeermortgage.com Application Link: https://2438205.my1003app.com/1416990/register Licensed in the following States: KY, IN, FL, MN, AR |
| Category | Education |
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