annual percentage rate. The total financing costs associated with a loan on an annualized basis, divided by the amount borrowed. As defined by Federal Reserve Regulation Z and the Truth-in-Lending Act, this is a precisely calculated measure of the cost of a loan. The Truth-in-Lending Act and Regulation Z have specific requirements covering both how to calculate and how to disclose APRs.

Annual Percentage Rate. The interest rate, which reflects the total finance charges of a mortgage as a yearly rate.

The Annual Percentage Rate, or APR, is not an interest rate. It is the cost of financing a loan. The APR is computed by a mathematical formula that factors in the origination fee and any maintenance fees on the loan, the estimated interest that will accrue over the life of the loan, and the length of time until repayment starts. In almost every case, the APR will exceed the current interest rate due to the amount of the fees and estimated accrued interest included in the calculation.

The cost of credit for one year expressed as a percentage; also may be called interest or finance charge.

Annual Percentage Rate. The cost of the credit expressed as a yearly rate. It is based on the "finance charge" (which is the dollar cost of the credit) and expresses the dollar cost in terms of percentage cost on an annual basis. The APR is often higher than the interest rate because it is based on the "finance charge" which includes various charges for the loan as well as the interest that will accrue at the contract rate.

The total interest payable on a loan Balloon Optional payment at the end of a Contract Purchase agreement which pays to buy the vehicle. Often clients return the vehicle and replace with new one.

Annual Percentage Rate. The cost of credit that consumers pay, expressed as a simple annual percentage.

Annual Percentage Rate - This is meant to show the true cost of borrowing and adjusts the notional interest rate to take account of all the initial fees and ongoing costs to reflect the real cost of borrowing throughout the entire mortgage term. Unfortunately there is currently some disagreement over how this rate should be calculated and some distortions occur. Whilst this could be a good way to compare relative deals care should be taken to ensure that the rates being compared have been calculated on the same basis.

Annualised percentage rate. A definition used to identify the true cost of borrowing over the term of the loan and is used to provide the consumer with a method of comparing the true costs of different types of loan. Mortgage loans were originally excluded from a requirement to quote an APR, possibly because it is a highly inappropriate way of comparing mortgage loans. APR was designed to reflect the cost of different types of hire-purchase contracts over the entire loan term that, at the time the legislation was drafted, were normally quoted on flat and fixed basis. This gave headline rates that were often half the APR. It is a legal requirement that a true APR figure be provided with any loan illustration.

Annual Percentage Rate. This is the true cost of the borrowing, including the amount lent, the interest charged and any fees.

Annual Percentage Rate. This is the true measure of the borrower's credit cost, taking into account the time value of money, interest rates, dollar amounts, and points.

annual percentage rate. See effective interest rate.

annual percentage rate. Usually shown in brackets after the headline rate for a mortgage deal, the APR is meant to incorporate any additional payments beyond the interest rate, thereby indicating the true cost of the deal. However, anomalies in the way lenders are allowed to calculate their APRs means they are not always an accurate reflection of what your loan would cost or a useful comparison with other loans.

Annual Percentage Rate. This is the total yearly cost of a mortgage stated as a percentage of the loan amount. The base interest rate, primary mortgage insurance, and loan origination fees are used to calculate this percentage. Because the APR includes prepaid finance charges this rate will be higher than the base interest rate. This figure is disclosed on the Truth in Lending statement (TIL) and is part of the initial application packet that a borrower must sign.

Annual percentage rate. This figure is provided so you can compare the true cost of borrowing between different loan products.

There are many ways Lenders can calculate interest, and this makes it difficult for comparisons to be made between the different Mortgage offers. To get around this, regulations require the Lender's advertisement or offer to show a percentage rate, which takes into account the charges you have to pay as well as interest. However, this assumes you will keep the mortgage for the entire term with the same lender, which in practice, very few people do. So in reality, the APR is pretty meaningless! Much better to ask us to do a 'true cost' comparison.

Annual Percentage Rate. Annual Percentage Rate represents the cost of your loan as a yearly rate. It in not the interest rate; it is calculated using your current interest rate, any fees, and for a student loan, the number of years of repayment.

Annual Percentage Rate. Stands for ‘annual percentage rate'. A figure, expressed as a percentage, which incorporates the interest charged upon the credit card as well as any additional fees.

Annual Percentage Rate. The APR is the percent of the loan that is paid in interest each year, including any additional costs and fees. APR is also called actual percentage rate.

Annual percentage rate. The APR is an attempt to provide a true cost of borrowing as a standard measure. This will take into account not only the interest rate but also other ancillary costs such as valuation fees, legal and administration fees and higher lending charges. This is a recommended way for clients to compare the overall cost of a mortgage between various lenders. All lenders should include similar costs in calculating the APR and the final percentage is supposed to indicate the overall costs of borrowing on a particular scheme expressed on an annual basis. Thus clients can have a clearer view of the true cost of a loan instead of the flat interest rate initially quoted. However the borrower should bear in mind that the APR is not the only factor to take into account when choosing a lender.

Annual Percentage Rate. The cost of credit expressed as an annual rate.  This rate is likely to be higher than the stated note rate or advertised rate on mortgage because it takes into account points and other credit costs.  The APR is the most meaningful measure for comparing the cost of mortgage loans offered by different lenders.

annual percentage rate. A term used in the Federal Truth-In-Lending Act which expresses as a percentage the annual cost of a mortgage including the regular interest payments to be made with each payment on the mortgage, as well as certain closing costs paid in association with the mortgage such as an underwriting fee, tax service contract, mortgage insurance premium, etc.

Annual Percentage Rate. The actual percent of the loan that is paid in interest per year (i.e., the cost of credit on an annual basis). This includes any additional costs and fees (i.e., interest and all prepaid expenses that are required) associated with the loan. It is sometimes referred to as actual percentage rate or APR.

Annual Percentage Rate. The cost of credit for one year expressed as a percentage, including the dealer finance income. The APR is also known as the “finance rate” or the “contract rate.

Annual percentage rate. The annual percentage rate APR is an interest rate that is different from the note rate. It is commonly used to compare loan programs from different lenders. The Federal Truth in Lending law requires that mortgage companies disclose the APR when they advertise a rate. Typically the APR is found next to the rate.

Annual Percentage Rate. The yearly cost of a mortgage including interest, mortgage insurance, origination fee, and other loan costs expressed as a percentage.

This is not the actual note rate on your loan. It is the value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage. Put simply, it is the total yearly cost of a loan which is stated as a percentage of the loan amount. The figure Includes the base interest rate, primary mortgage insurance, and loan origination fee (points).

Annual Percentage Rate. The cost credit as an annual rate of a mortgage. It must be calculated by using a formula set by federal law and disclosed to the borrower to aid in comparing different credit plans. All finance charges are included in this calculation, and an APR is always higher than the simple interest rate of the mortgage.

Annual Percentage Rate. The total yearly cost of a mortgage, on an annual rate, expressed as a percentage. It usually includes a combination of the interest rate, a loan origination fee known as points, and certain other fees paid to a lender to acquire a mortgage. The APR is the most meaningful measure for comparing the cost of mortgage loans offered by different lenders.

Annual Percentage Rate. The actual interest rate you would have paid on your mortgage, including all up-front costs such as points, title insurance, appraisal, etc., if you kept your loan for the full term (say 30 years). This is only accurate on fixed-rate loans, and only truly reflects your costs if you keep the loan 30 years.

Annual Percentage Rate. A measure of the total cost of your mortgage expressed as a yearly interest rate. The APR is usually higher than the advertised interest rate as it includes interest, points, and other finance charges. It is designed to help you compare and determine the relative cost of loans you are considering.

Annual Percentage Rate. Rate which considers all the added cost to a given loan. It is a function of the interest rate, loan amount, total added cost, and the terms.

The interest rate what you pay on a finance agreement. When financing a vehicle. Annual Percentage Rate.

The effective interest rate when all finance charges and up-front fees are included. The APR on a loan can vary among lenders because of differences in up-front fees, deferment periods, capitalization of interest, loan terms, and repayment terms, even if the interest rates are the same.

Annual Percentage Rate. The APR is a calculation based on a government formula designed to reflect the true annual cost of borrowing, expressed as a percentage. It includes the interest, points, mortgage insurance, and other various fees associated with the loan. The rate is also adjusted for the time value of money, meaning that dollars paid by the borrower early on carry a heavier weight than dollars paid years later. An important note, the APR is calculated on the assumption that the loan completes its full term, and is therefore potentially deceptive for borrowers who intend to sell early.

See also ANNIAL PERCENTAGE RATE (APR).

The cost of your credit expressed as a yearly rate. It takes into account interest, points, and origination fee. Since all lenders are required to use the same guidelines in determining APR, this is a good basis for comparing the cost of various loan programs.

Yearly rate of interest paid on a loan or investment. Includes advertised interest rate and associated fees.

This is the amount of interest you will pay on your credit card annually. It is designed to give you an idea of the cost of borrowing on your credit card.

APR is derived after adding interest rate and the charges on a secured loan. This is a more efficient method of comparison of secured loans. Interest rate may be a monthly or annual interest figure on the secured loan. APR however, represents the total amount of interest payable over the whole term of the loan.

Average Payment Rate

Annual Percentage Rate. The APR is the rate of the total charge for credit expressed as the law requires, enabling you to compare the rates of credit card issuers. The total charge for credit includes interest, any annual fee payable and the handling fee in the case of a cash advance.

Annual Percentage Rate. The total yearly cost of a mortgage or a loan, including interest, points, and other fees.

Annual Percentage Rate. This is a legal definition which is used to show what the cost of borrowing actually is. As it is a standard definition it enables a potential borrower to compare the costs of various types of mortgage. Every mortgage quotation must show an APR figure.

The annual percentage rate refers to the total cost of the loan, expressed as a yearly rate.

ANNUAL PERCENTAGE RATE. the actual finance charge for a loan, including points and fees, in addition to the stated interest rate.

Annual percentage rate. This is the interest rate associated with your auto loan. Typically calculated as a yearly rate.

Annual Percentage Rate. The APR, shown on your mortgage papers, is a standardized way of showing you the total cost of borrowing money. The APR is a combination of the interest rate charged by the creditor along with any fees they might charge. The fees are expressed in percentages and added to the actual interest rate to come up with the total APR.

ANNUAL PERCENTAGE RATE. The actual yearly cost of credit stated to the nearest one-fourth of one percent. Any lender subject to the federal Truth-in-Lending Act must fully disclose the APR to the borrower.

Annual Percentage Rate. A calculation that allows you to compare the actual financial cost of your mortgage. It standardizes your rate to include all elements of your finance charge including interest, points, origination fees or any other “costs” that are considered a finance charge. This figure is disclosed as part of a truth-in-lending statement that is required by the Federal Truth-In-Lending Act. This rate allows you to compare loan programs. Generally the lower the APR the better, provided that you do not prepay your loan early.

Annual Percentage Rate. A measure of the total cost of credit (interest as well as other recurring charges) expressed as a yearly percentage rate. Because all lenders apply the same rules in calculating the annual percentage rate, it provides consumers with a good basis for comparing the cost of loans.

Annual Percentage Rate. The yearly percentage rate charged when a balance is held on a credit card. This rate is applied each month that an outstanding balance is present.

Annual Percentage Rate. The total credit cost on a yearly basis, expressed as a percentage. Required by the Federal Truth in Lending Act, Regulation Z, it includes up-front costs paid to obtain the loan, and is, therefore, usually a higher amount than the interest rate stipulated in the mortgage note. Does not include title insurance, appraisal, or credit report.

Annual Percentage Rate. The cost of credit at a yearly rate. Applicant - A person applying for credit privileges, employment or some other benefit.

Annual percentage rate. The total cost of a mortgage stated as a yearly rate; includes the base interest rate, loan origination fee (a.k.a. points), commitment fees, prepaid interest, and credit costs that may be paid by the borrower.

Annual Percentage Rate. The actual interest charged when all finance charges and up-front fees are included. Federal Truth-in-Lending laws require all creditors to state the cost of their credit in terms of both the finance charge and the APR.

Annual Percentage Rate. Appraisal Closing

Annual percentage rate. The real cost that you pay to borrow, stated as a yearly percentage of the loan amount. This is sometimes called your effective borrowing cost. For auto and mortgage loans, closing costs and discount points are added to calculate APR. For example, if you pay $500 in closing costs to obtain a $10,000 loan, the APR will be higher than the interest rate since you are effectively borrowing $9,500 but will owe $10,000. The Truth-in-Lending Act requires the lender to disclose the APR to you. For credit cards, the annual fee is often not included in the APR calculation. As a result, an APR of a credit card is often its simple interest rate.

Annual Percentage Rate. Effective rate of interest for a loan per year, APR is typically greater than the note rate because it includes closing costs.

Annual Percentage Rate. Total yearly cost of a mortgage stated as a percentage of the loan amount which includes the base interest rate, loan origination fee (points), and primary mortgage insurance (PMI).

Annual Percentage Rate. The yearly interest rate or percentage that the cardholder pays on their outstanding balance in the form of interest.

Annual Percentage Rate. The annual cost of credit expressed as a percentage. Required under the Federal Truth and Lending Law to disclose the true annual interest on consumer sales, as well as the total dollar cost and other terms of a loan.

Acronym for Annual Percentage Rate.

Annual Percentage Rate. A figure that indicates the true total cost of the loan as a yearly percentage rate. The APR is higher than your interest rate because other costs (such as borrower-paid origination fees, mortgage insurance, processing and loan fees) are included.

Annual Percentage Rate. The relationship of the total finance charges associated with a loan. This must be disclosed to borrowers by lenders under the Truth-in-Lending Act.

Annual Percentage Rate. A measure of the cost of credit, expressed as a yearly rate. It includes interest as well as other charges. This is the true rate of actual interest which includes interest and any other loan fees.

The total annual cost for a loan, credit card, or other type or credit. For example, a credit card might have an APR of 18%.

Annual Percentage Rate. stands for Annual Percentage Rate. This refers to the interest rate that reflects the actual cost of a mortgage as a yearly rate. Because APR includes points and other costs associated with the mortgage, it's usually higher than the advertised simple interest rate. The APR more accurately reflects what you'll be paying and allows you to compare different mortgages based on actual costs.

Annual Percentage Rate. The effective rate taking into account compounding and other fees. The nominal rate of interest for a specified period (usually one year).

Annual percentage rate. The sum of finance charges (interest, loan fees, points) expressed as a percentage of the loan amount.

Annual Percentage Rate. By law, the APR is required to be disclosed to you by the lender. APR is usually the interest rate shown for the mortgage note because it includes up-front costs paid to obtain the loan. The APR does not include the appraisal and credit report. Ask your lender for more information.

Annual Percentage Rate. The cost of a loan expressed as a percentage rate. It includes both the interest rate on the loan and many of the costs in getting the loan. APRs are the best way to compare loans.

Annual Percentage Rate. The total interest rate of a mortgage, including the original loan interest as well as any upfront interest paid in securing the loan. The APR will be different from the mortgage rate quoted because of inclusion of these items.

Annual percentage rate. It is the yearly rate of interest charged on the loan which is a percentage of the loan. Considered the real cost of the loan it should be considered before deciding on the loan.

Annual percentage rate. A required Truth in Lending Act disclosure for consumer loans. It is a calculation of the cost of credit as a yearly rate and shown as a percentage. It is often higher than the interest rate because it incorporates prepaid finance charges that are not interest.

Annual Percentage Rate. This is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage. It is not the note rate on your loan. The following instruction offers you a guideline that, while occasionally incorrect, generally holds true: deduct the closing costs from your loan amount, then using your actual loan payment, calculate what the interest rate would be on this amount instead of your actual loan amount. You will come up with a number close to the APR. Because you are using the same payment on a smaller amount, the APR is always higher than the actual note rate on your loan.

Annual Percentage Rate. The yearly rate of interest which includes fees and costs paid to obtain the loan. Lenders are obligated by law to show the APR. The annual percentage rate is calculated by taking the average compound interest rate over the term of the loan, that way borrowers can compare loans.

Annual Percentage Rate. The rate that interest is charge to the account for any unpaid balances expressed as an annual rate. A charge of 1% per month would be expressed as an APR of 12

Annual Percentage Rate. A calculation of the finance charges. The U.S. Government requires that all retail installments contracts disclose the APR, which is the common denominator of interest rate types. This is the rate, usually applied monthly, which could be charged on the outstanding declining balance, and still permit the loan to be paid off in the same term and with the same monthly payment. In short, it is the relative cost of credit expressed in percentage terms and may be expressed on the contract to the nearest 1/4%.

Is the Annual Percentage Rate of Interest.

The "Annualised Percentage Rate" of interest charged by Lenders on Loans and Mortgages.

Annual percentage rate. The cost of credit on a yearly basis expressed as a percentage. The APR is distinguished from the "named" or "nominal" rate which is the note rate.

Annual Percentage Rate. The cost of your loan expressed as a yearly rate.  For mortgages, it includes interest, points, origination fees, and any mortgage insurance required by the lender.

Annual Percentage Rate. When you borrow money, this rate should always be quoted to you. It's the percentage rate which your loan will cost you each year, including all charges. Incredibly, APRs for credit cards can run to around 22%.

Annual Percentage Rate. Cost of a mortgage stated as a yearly rate - includes items such as interest, loan origination fee (points), commitment fees, and other credit costs.

ANNUAL PERCENTAGE RATE. A stated interest rate that reflects all the financing costs of a mortgage; the APR includes points, origination fees and other finance charges in addition to the interest on the mortgage, and includes them all in a yearly interest rate. As a result, the APR is usually higher than the interest rate alone. It also provides a benchmark for comparing different types of mortgages based on the annual cost for each loan

Annual Percentage Rate is the total annual cost of a loan including all fees and interest, expressed as a percentage.

Annual Percentage Rate. The total cost of a loan, including fees and interest, expressed as a yearly rate.

Annual Percentage Rate. Not to be confused with interest rate, an APR refers to the cost of credit over the course of a year. It's represented as a percentage, and is calculated using the amount financed, any charges, and the term of the car loan.

Annual Percentage Rate. A term used in the Truth-in-Lending Act to represent the percentage relationship of the total finance charge to the amount of the loan. The APR reflects the cost of your mortgage loan as a yearly rate. It will be higher than the interest rate stated on the note because it includes, in addition to the interest rate, loan discount points, fees and mortgage insurance.

An abbreviation for Annual Percentage Rate. An APR is an interest rate calculation designed to reflect the total cost of credit over the whole term of the mortgage.

Annual Percentage Rate. A figure that calculates the full cost of a loan including interest rate and all other fees associated with securing a loan.

Annual Percentage Rate. The measure of the cost of credit stated as a yearly rate; includes such items as the stated interest rate, plus certain charges.

annual percentage rate. A rate of interest over a period of one year that includes fees and costs paid to acquire the loan. By law, lenders are required to disclose an APR. In mortgages, APR is the interest rate of a mortgage including other costs such as the interest, mortgage insurance, and certain closing costs.

Annual percentage rate. The interest rate on the loan. This can either change (variable interest rates) or remain stable (fixed interest rates) throughout term of the loan.

Annual percentage rate. the true amount of interest paid on a debt. The government requires that lenders disclose the APR to borrowers.

Annual Percentage Rate. The total yearly cost of a mortgage stated as a percentage of the loan amount; includes the base interest rate, borrower-paid mortgage insurance, if necessary and loan origination fee or points.

(Annual Percentage Rate) - the real cost of borrowing. The lower the APR, the cheaper the loan.

Annual percentage rate. A type of interest rate used by all lenders that enables you to compare rates.

Annual Percentage Rate. a stated rate that reflects the entire cost of your mortgage, including interest, points, origination fees, etc.

Annual Percentage Rate. Yearly rate of fees applied as interest in a loan.

The annualized cost of credit expressed as a percentage; used in finance agreements. An annual percentage rate, or an equivalent rate, is not used in leasing agreements.

Annual Percentage Rate. The actual cost of credit to the borrower, including interest and certain other changes, expressed as a yearly rate and calculated over the life of the loan. A guide to compare the cost of loans.

Annual Percentage Rate. The annual rate of interest paid in an agreement.

Annual percentage rate. The actual cost of a loan stated as a yearly rate; including such items as interest payments, principal payments, loan insurance, processing, credit reports, appraisals and loan origination fee (points).

annual percentage rate. This is a number which reflects the “true” annual cost of borrowing, expressed as a percentage. The APR is likely greater than the interest rate specified in a loan because it takes into account other costs of borrowing, such as mortgage insurance.

This stands for Annual Percentage Rate. Any firm that lends money is required by law to quote the APR. Introductory rates do not include arrangement fees you may be charged and also donâ€(tm)t reflect any higher rate of interest that your borrowings will ultimately revert to. The APR takes into account the interest on a loan plus and additional charges making it easier for you to compare products. In general, the lower the APR the better the deal.

The Annual Percentage Rate. This rate takes into account all the costs, interest charges and arrangement fees and allows you to compare credit facilities on a like for like basis.

Annual percentage rate. The annual percentage rate is a rate that reflects the total cost of your mortgage loan. The APR reflects factors including the interest rate on your mortgage loan, the term of the loan, and the other applicable costs of financing such as points, fees and certain closing costs.

Annual Percentage Rate - The true rate of interest you are paying on a finnace agrement.

Annual Percentage Rate (APR) represents the true cost of borrowing expressed as a yearly percentage rate. The APR takes into account the amount of interest and other loan fees charged over the life of the loan.

Annual percentage rate. The yearly rate charged on the money borrowed by the payday loan provider. APR is normally represented as a percentage.

Annual percentage rate. The total annual amount it costs to use credit.

(annual percentage rate) -- The annualized cost of credit expressed as a percentage in a finance agreement. In a lease, there is no annual percentage rate or equivalent rate.

Annual Percentage Rate. This is the rate of interest that is added on to transactions that have been put onto the credit card. An APR of 12% would be a 1% per month.

Annual Percentage Rate. A measure of interest rate that expresses the cost of a mortgage as a yearly rate on the loan balance. The APR assumes that the loan is held for its full term. For an adjustable-rate loan, the APR assumes the loan's index doesn't change from its initial value.

Annual Percentage Rate. An expression of the effective interest rate that will be paid on a loan, taking into account one-time fees and standardizing the way this rate is expressed. The APR is likely to differ from the "note rate" or "headline rate" advertised by the lender. The aim of using APR is to calculate a total cost of borrowing which allows easy comparison between loans and lenders.

Annual Percentage Rate. The cost of credit on a yearly basis. Expressed as a percentage, the APR results from an equation that considers three specifically defined factors: the amount financed, the finance charge, and the term of the loan. The APR is usually expressed in terms of the effective annual simple interest rate.

This stands for Annual Percentage Rate of Charge and is considered to be the best means of comparing the cost of different types of credit. The Consumer Credit Act defines APR as ‘the total cost of credit to the consumer, expressed as an annual percentage of the amount of credit granted'. The provisions of the Consumer Credit Act in relation to APR are aimed at presenting the true cost of credit to consumers, taking into account how and when interest payments are charged. In general terms, the lower the APR, the lower the cost of a particular credit deal to the consumer. APR must be displayed by law where any credit is offered to a consumer. This is to help you make an informed decision when comparing different credit options. The APR is the figure you should look at when comparing one credit option against another, as it makes sure you are comparing like with like.

Annual Percentage Rate. A term used in the Truth in Lending Act to represent the cost of credit expressed as a yearly rate. The APR reflects the interest rate plus points and other credit-related costs.

Annual Percentage Rate. The rate of interest paid to the lender from the borrower every year.

Annual Percentage Rate. The total interest amount charged on loans, H.P and mortgages.

Annual Percentage Rate. The annual percentage rate is a measure of the cost of credit on a yearly basis. APR takes into account interest, points, origination fees, and mortgage insurance, so it will be slightly higher than the interest rate on the loan.

annual percentage rate. The cost of a mortgage stated as a yearly rate; includes such items as interest, mortgage insurance, and loan origination fee (points).

Annual Percentage Rate. The cost of your credit as expressed as an annual rate.

Annual Percentage Rate. The yearly percentage rate the credit card issuer charges on the ongoing balance. This rate is applied to your outstanding balance each month.

Annual Percentage Rate. The cost of credit expressed as an annual rate. It is defined and calculated by using a formula set by federal law and disclosed to the borrower to aid in comparing different credit plans. All finance charges imposed by a lender are included in this calculation, and an APR is always higher than the simple interest rate when such finance charges such as points, origination fees or mortgage insurance are charged by a lender.

Annual percentage rate. The cost of credit on a yearly basis expressed as a percentage. The APR of a loan is the total finance charge, including interest and fees.

Annual percentage rate. When financing, this is used to determine the percentage of interest one pays to the lender.

Annual percentage rate. This is a formula intended to give you the true cost of borrowing money. It is calculated as the interest that would be charged over the course of a year.

Annual Percentage Rate. a term used to represent the percentage relationship of the total finance charge to the amount of the loan note interest rate. This reflects the cost of credit expressed as a yearly rate, taking into account total finance charges.

The Annual Percentage Rate (APR) is the effective interest rate that will be paid on a loan, i.e. the annual total cost to a borrower for the loan. The APR is different from the borrower rate (or "note rate") because it includes one-time fees in an attempt to calculate a total cost of borrowing money.

Annual percentage rate. The cost of your loan, expressed as an annual percentage. Lenders are required by law to provide you with the APR calculation. The lender must calculate all the financing charges paid by the borrower, including the interest paid on the loan, the loan origination fee and mortgage insurance you may be required to pay.

This is an interest rate reflecting the cost of a mortgage as a yearly rate. Using the APR, borrowers can compare different mortgages more easily.

Annual Product Review

Annual Percentage Rate. The total cost of attaining a loan, inclusive of finance charges and fees, expressed as an annual rate.

A pre-set percentage rate that determines the finance charges you pay on your account.

Annual Percentage Rate. The interest rate is the amount of interest you will pay for borrowing money to purchase your home. The APR is higher than the interest rate because it reflects the actual cost of a mortgage as a yearly rate. Be careful when you compare the APRs of one lender to another's. Some lenders include discount points in their APR and leave out their fees, others include discount points and other fees.

Annual Percentage Rate. The effective interest rate a loan would have if one accounted for costs associated with securing the loan, such as closing costs and points.

The annual percentage rate (APR) is the rate of interest per annum.

Annual Percentage Rate. A percentage rate that is charged on a yearly basis when a cardholder maintains a balance on his/her credit card. The APR is applied each month that a balance remains on the card. This rate may be fixed or variable.

The ongoing annual interest rate associated with the card offer. Often, cards have an introductory APR on purchases or balance transfers that are different than the permanent APR. Interest rates can be fixed or variable. Note that some card offers will show a range of permanent APRs. This allows the issuer to approve more applicants for the card --- they can assign a higher APR to those applicants with lower credit scores.

Annual Percentage Rate. The cost of credit, expressed as a yearly rate including interest, mortgage insurance, and loan origination fees. This allows the buyer to compare loans, however APR should not be confused with the actual note rate.

annual percentage rate. A standard method of calculating how much the loan will cost you over the full period of the loan. The APR reflects the total charge for credit and is different to the flat rate.

Annual Percentage Rate. This is the true cost of your borrowing, in percentage terms. It is usually higher than the ‘headline rateâ€(tm) you will see advertised with a product because it takes into account the likely total cost of your borrowing over the full term of the mortgage, including any charges.

Annual Percentage Rate. This is the one that raises the blood pressures of all borrowers. Although the Realtor and the closing attorney attempt to thwart the seizure by prefacing the document before the page is turned, borrowers attest to the fact that the speed of sound travels more slowly that the speed of light. For example, a loan with a fixed rate of interest at 5.5 percent could have an APR of 6.876 percent if there is prepaid interest and a discount point or two. No one ever gets this one. Accept it.

(annual percentage rate), Interest Rate: The yearly rate charged to a consumer to borrow the finance company's money. APR is usually expressed as a percentage. If your interest rate is 7.5%, you will pay $75 per $1000 borrowed. Assignee – The bank, finance company or credit union that purchases the contract from the dealer.

Annual Percentage Rate. The periodic rate, expressed as an annual percentage, used to compute the finance charge on an outstanding balance. To calculate the amount owed in interest each month divide the APR by 12. For example, if the APR is 24% the monthly rate is 24/12 = 2%. For daily periodic rate, divide the APR by the number of days in a year. Daily Periodic Rate = 24/365 = 0.066% For detailed explanation, visit Understand Your Credit Card by Visa

All lenders are required by law to tell you what their APR - Annual Percentage Rate - is before you sign an agreement. The rate quoted on loans and credit cards may be the monthly or annual rate of interest you pay, but the APR figure calculates the total amount of interest that will be paid over the whole term of the loan, so the lower it is the better for the borrower.

Annual Percentage Rate. This is a measure of the cost of credit, expressed as a yearly rate. The APR takes into account the amount financed, the loan interest rate, and the finance charges (fees and points) and the amounts and timing of the payments.

Annual Percentage Rate. The total yearly cost of a mortgage stated as a percentage of the loan amount. It is higher than the interest rate because it includes interest, fees, points, and mortgage insurance. The APR gives you a tool to compare various kinds of mortgages with different lending institutions.

Annual Percentage Rate. A standard calculation used to show the total cost of a mortgage or other loan. Includes costs such as interest payments, valuation fees, legal fees and administration fees which aren’t included in the basic interest rate. The APR is designed to reflect the true cost of credit. It’s a good way of comparing the cost of different loans on a 'like-for like' basis and because mortgage and loan rates vary, so will the APR.

Annual Percentage Rate. The total yearly cost of a mortgage stated as a percentage of the loan amount. This rate includes the interest rate plus points and mortgage insurance.

Annual Percentage Rate. In order to allow buyers to compare loans in a fair way, federal law requires lenders to disclose the APR along with their rates. APR is the interest rate plus points and fees added together and amortized over the entire term of the loan. Points and fees usually increase the nominal rate by about .25 point.

Annual Percentage Rate. The interest rate which reflects the cost of a mortgage as a yearly rate. This rate is usually higher than the stated loan rate for the mortgage because it includes points and other charges.

ANNUAL PERCENTAGE RATE. The yearly interest percentage of a loan. A rate which reflects the loan's total finance charges, interest, points, and other fees.

Annual Percentage Rate. A rate of interest used by all lenders. This means you can compare the cost of different loans on the market. When quoted with a mortgage, it takes account of the set up and continuing costs of the mortgage amongst other things.

Annual Percentage Rate (APR) is the effective rate paid by borrowers for the financing. It is higher than the actual interest rate because it includes points, mortgage insurance, and other costs of financing. APR is disclosed on the Truth in Lending statement.

Annual Percentage Rate. The effective interest rate when all finance charges and up-front fees are included. The APR on a loan can vary among lenders because of differences in up-front fees, even if the interest rates are the same. The term of the loan and repayment terms can also affect the APR.

You are charged interest on your outstanding balance for the use of the issuer's money. The APR is a measure of the cost of credit, expressed as a yearly rate. The APR can be either fixed-rate or varibale rate. The APR is disclosed to you when you apply for a card, again when you open the account, and it is also noted on each bill you receive.

Annual Percentage Rate. A term used in a truth-in-lending act to represent the percentage relationship of the total finance charge to the amount of the loan. The APR reflects the cost of your mortgage loan as a yearly rate. It may be higher than the interest rate stated on the note because it includes, in addition to the interest rate, points and fees paid by the borrower.

Annual Percentage Rate. The percentage rate that providers charge users for carrying a balance on a loan, which is measured as a yearly rate. Some credit card providers offer 0 APR credit cards.

( annual percentage rate) -- To make it easier for consumers to compare mortgage loan interest rates, the federal government developed a standard format called an "Annual Percentage Rate" or APR to provide an effective interest rate for comparison shopping purposes. Some of the costs that you pay at closing are factored into the APR for ease of comparison. Your actual monthly payments are based on the periodic interest rate, not the APR.

Annual Percentage Rate. The interest rate that reflects the actual cost of credit on a yearly basis expressed as a percentage.

Annual percentage rate. Annual rate of interest paid by a borrower that includes specified fees and charges, as dictated by law and regulation.

Annual percentage rate. Total yearly cost of credit

Annual Percentage Rate. The interest rate reflecting the total yearly cost of the interest on a loan, expressed as a percentage rate. Under the federal Truth in Lending Act, it must be calculated in a standard way.

Annual Percentage Rate. APR is the interest rate charged on the loan. It is the cost of credit on a yearly basis expressed as a percentage.

Annual Percentage Rate. This shows you the interest rate paid over the course of one year. It's a useful way to compare which mortgage offers are the best when you're shopping around.

Annual Percentage Rate. The annual cost of a mortgage. The APR is often not the same as the mortgage's interest rate because its calculation takes into consideration compounded interest, the amount financed, the finance charges, and the term of the loan.

Annual percentage rate. Effective yearly cost of interest rate paid on a loan, also called APR, expressed as a percentage, i.e. 10%. Automobile l enders are required by law to disclose the APR.

Annual percentage rate. The yearly percentage rate of the finance charge. The card issuer also must disclose the "periodic rate" — the rate applied to your outstanding balance to figure the finance charge for each billing period. Some credit card plans allow the issuer to change your APR when interest rates or other economic indicators — called indexes — change. Because the rate change is linked to the index's performance, these plans are called " variable rate" programs. Rate changes raise or lower the finance charge on your account. If you're considering a variable rate card, the issuer must also provide various information that discloses to you

Annual Percentage Rate of charge. This is the true rate of interest that is charged on a loan, it takes into account the total cost of interest and any other charges e.g. brokers fees/legal fees.

Annual Percentage Rate. A way of expressing the cost of credit on a loan.

Annual Percentage Rate. The APR is a measure of what a loan will cost. It takes into account the rate, fees, repayment length of the loan and the timing of all payments. The APR will increase if the LIBOR index increases.

Annual Percentage Rate. A measure of the cost of credit expressed as a yearly rate, that relates the amount and timing of value received by the consumer to the amount and timing of payments made. This rate includes specified fees and costs paid up front to acquire the loan, and is, therefore, usually a higher amount than the interest rate stipulated in the mortgage note. Lenders are required by federal law to disclose the APR. The rate is used to compare various loans.

Stands for Annual Percentage Rate, it usually includes the interest rate and other fees associated with the loan tending to make it higher than the Bank of England interest rate. This is sometimes referred to as the true cost of the loan.

Annual Percentage Rate. A way of expressing the charges a borrower pays to get a mortgage loan in terms of an annual interest rate. APR includes the loan's interest rate, fees and points.

Annual Percentage Rate. This is designed to be a way of comparing the cost of credit. It takes into account most of the upfront and ongoing costs involved with taking out a mortgage. Different Lenders work it out in different ways so you can't always rely on it.

ANNUAL PERCENTAGE RATE. an interest rate that states the true cost of obtaining credit for the duration of the loan.

Annual percentage rate. The total finance charges associated with a loan or credit card stated as a yearly rate. Often the most useful means of directly comparing one loan or credit card to another.

Annual Percentage Rate. The cost of credit on a yearly basis, expressed as a percentage. Required to be disclosed by the lender under the Federal Truth in Lending Act, Regulation Z. Includes up-front costs paid to obtain the loan, and is, therefore, usually a higher amount than the interest rate on the mortgage note. Does not include title insurance, appraisal, and credit report costs.

Annual percentage rate. A percentage that results from an equation considering the amount financed, the finance charges, and the term of the loan. It is not necessarily the loan's interest rate. APR was created to help consumers more easily compare loans.

Annual Percentage Rate. Interest associated with a loan. It can change or remain the same during the year and term of the loan.

Annual Percentage Rate. The rate of interest to be paid on a loan over its projected life; sometimes referred to as the "true" rate of interest. The APR is the annual cost of a loan, including interest, loan fees, and other costs.

Annual Percentage Rate. The APR is the interest rate as a yearly rate. This is essentially the cost of your credit. Mortgage Tip - APR: When comparing programs, make sure you compare the APR. This is the true cost of your credit.

Annual Percentage Rate. This is the actual cost of borrowing of your loan, taking into account all associated fees and charges. The APR is the best way for most people to compare loans from different lenders.

APR stands for annual percentage rate and means the total cost of any finance taking into account all the costs, interest charges and arrangement fees. The APR is usually expressed as a percentage amount and means repayments with a higher rate will be greater than with a lower rate. Showing the APR is a legal requirement and all lenders of finance must make it clear what it is for their financial products. This makes rate surfing easier as APR is a clear indicator for you to compare products from one lender to another. The actual rate you are charged could vary not only with individual lenders but also based upon your credit rating.

Annual Percentage Rate. The cost of a mortgage expressed as a yearly rate. This percentage takes into account interest, points and certain origination and other fees. It will usually be higher than the simple interest rate on the loan. The APR is listed on the Truth in Lending Disclosure, which details the finance charges imposed on the borrower to obtain a loan on an annualized basis.

Annual Percentage Rate charged. The true rate of interest charged on a loan taking into account the total cost of interest and other charges. The APR is always higher than the headline rate, and is a realistic representation of the cost of the loan over time.

Annual Percentage Rate. The yearly cost of the loan to the borrower. It reflects all finance charges, including interest (if applicable), guarantee fee (if applicable) and origination fee (if applicable).

Annual percentage rate. This is not the note rate on your loan. It is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage. It works sort of like this, but not exactly, so only use this as a guideline: deduct the closing costs from your loan amount, then using your actual loan payment, calculate what the interest rate would be on this amount instead of your actual loan amount. You will come up with a number close to the APR. Because you are using the same payment on a smaller amount, the APR is always higher than the actual not rate on your loan.

Annual Percentage Rate. The cost of credit as a yearly rate or interest rate reflecting the first-year rate including certain points and credit costs. The actual interest rate the borrower pays when all the costs of obtaining credit are included.

Annual Percentage Rate. The cost of credit expressed as a yearly rate. This rate may differ from the interest rate on your loan because it includes all interest (including points), mortgage insurance and other fees associated with completing your loan.

Annual percentage rate. The interest rate paid over the course of one year on a mortgage or loan.

Annual Percentage Rate. This is the true rate of interest charged on a loan, taking into account the total cost of the interest payable on the loan, and any charges such as broker fees or legal fees.

Annual percentage rate. The real number to watch. It's the rate that reflects your mortgage as a yearly rate plus points and other credit cost-- the true cost of your loan. Since different lenders charge different rates for various fees, the APR lets you more easily compare one loan to another.

Annual Percentage Rate. The base interest rate of a loan plus all additional service charges and costs. The APR takes into account the amount financed, the finance charge, and the amounts and timing of the payments. Under the Truth in Lending Law, the APR must be disclosed and labeled.

Annual percentage rate. The total finance charges, loan fees and interest expressed as a portion of the loan amount.

Annual Percentage Rate. Annual cost of credit over the life of a loan, including interest, service charges, points, loan fees, mortgage insurance, and other items.

Annual Percentage Rate. A percentage of the amount of the home loan that represents the total annual cost of the loan, including finance charges.

Annual Percentage Rate. The total cost or finance charge for a loan per year, expressed as a percentage of the loan amount. It is the sum of the interest and any other fees, such as discount points, compared to the amount of the loan. The lender is required by the Truth-In-Lending Act to disclose the APR using a procedure prescribed by the federal government.

Annual Percentage Rate. A figure which attempts to reflect the total cost of a loan,expressed as a yearly rate. Because the APR takes the total cost ofcredit into account, it can never be lower, and is almost higher thanthe stated note rate or advertised rate. Within reason, the APR allowsyou to compare different types of mortgages based on the total cost.

Annual Percentage Rate. This takes into account up-front and ongoing costs associated with taking out a mortgage.

Annual Percentage Rate. The APR is a measure of the cost of your loan expressed as a yearly percentage rate, such as 10% or 11%.

Annual percentage rate. The APR is a measure of the cost of credit, expressed as a nominal, yearly rate. It relates the amount and timing of value received by the consumer to the amount and timing of payments made.

Annual Percentage Rate. The total amount of finance charges expressed as a true percentage of the declining unpaid balance.

Annual Percentage Rate. Interest rate charged on total amount borrowed.

Annual Percentage Rate. A calculation of the cost of credit, including the interest rate and finance charges such as discount points, closing costs, and mortgage insurance premiums.

Annual percentage rate. The periodic interest rate multiplied by the number of periods (monthly or quarterly) in a year. For example, a 2.5% quarterly return has an APR of 10% for the year.

Annual Percentage Rate. The actual cost of borrowing money, expressed in the form of an annual interest rate. It may be higher than the note rate because it represents full disclosure of the interest rate, loan origination fees, loan discount points, and other credit costs paid to the lender.

Annual Percentage Rate. The effective interest rate of a loan after including the costs incurred in obtaining the loan, such as, interest, points and fees.

annual percentage rate. The total cost of credit on a yearly basis expressed as a percentage. It takes into account the total cost of the loan including finance charges (origination fee, points, prepaid interest, etc. This calculation is disclosed as part of the disclosure statement which is required by the Federal Truth-in-Lending Act. The statement is required on all consumer loans and is required to be disclosed within three working days of application for residential owner-occupied mortgage loans pursuant to the Real Estate Settlement Procedures Act (RESPA).

Annual Percentage Rate. The one year rate that is charged for borrowing (or made by investing). By law, credit card companies and loan issuers must show customers the APR.

Annual Percentage rate. A calculation including the rate, points, odd or daily interest and other closing costs that are used to determine an average annual cost on the loan over the full term of the loan. The APR would truly represent that average cost only if you hold the loan for the full term. It is useful in comparing fixed rate loans with the same rate but different points.

The Annual Percentage Rate is the borrower's actual cost of a loan. It includes the interest rate and other loan origination charges, and is expressed as a yearly rate and calculated over the life of the loan.

This is an indicator used to compare interest rates. It takes into account the costs involved in setting up the mortgage, any discount periods, how often interest is calculated and calculates what the average rate of interest will be over the life of the loan. All lenders that comply with the consumer credit act must ensure that the the borrower is informed of the APR.

Annual Percentage Rate. A numerical figure which expresses (on an annual basis) the charges imposed on the borrower to obtain a loan (such as interest, discount points and other costs).

Annual Percentage Rate. Expressed as a yearly interest rate, the APR is essentially a measure of the cost of credit. This rate may be subject to change, based on the terms of the card and whether the rate is fixed or variable. Also, you may be charged different APRs for different transactions. For example, cash advances are usually charged at a higher rate with no grace period.

Annual Percentage Rate. The yearly percentagerate of the finance charge. The annual percentage rate will be a fixed or variable rate. See "Fixed Rate" or "Variable Rate" for descriptions.

Annual Percentage Rate. A yearly interest rate that includes interest, points, and other loan fees. The APR is the appropriate number to use when comparing loan interest rates.

Annual Percentage Rate. The yearly interesr rate on the auto loan.

APR is expressed in terms of percentage and is the combination of the rate of interest and the other charges that are included in the loan.

(Annual Percentage Rate) The percentage of interest a borrower or lessee can expect to pay yearly on the amount borrowed. The interest is accrued on either the total amount borrowed, or the remaining principal, depending on what method of financing is used.

Annual Percentage Rate. This one can be a little confusing because you would think that it should be the same as your interest rate. The difference is that it takes additional costs into consideration such as mortgage insurance, most closing costs, discount points and loan origination fees. The Truth-In-Lending Law requires disclosure of APR.

Annual Percentage Rate. The cost of credit at a yearly rate. Knowing the APR allows you to effectively compare loans, even when they are structured differently.

Annual Percentage Rate. The finance charges for a loan, including points and other loan fees, that are in addition to interest on the loan. Back to the Top

Annual percentage rate. A measure of the cost of credit expressed as a yearly rate. Many credit card plans charge different APRs for credit used in different ways--for example, one APR for purchases, another for cash advances, and still another for balance transfers. Some plans may increase the APR if a payment is late.

Annual Percentage Rate. The APR is a flat average, which is used for ease of comparing the terms on various loans. Some of the closing costs will be factored into the APR. The actual monthly payments, however, will be based on the existing interest rate, and not the APR.

An interest rate reflecting the cost of a mortgage as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account point and other credit cost. The APR allows home buyers to compare different types of mortgages based on the annual cost for each loan.

Annual Percentage Rate. This is the compounded rate used to give a standard comparison of the amount of interest you are likely to pay on loans or outstanding credit card balances. A statutory method of calculating the Annual Percentage Rate of charge to repay the total charge for credit over the period of the loan. The APR is always higher than the headline rate, and is a realistic representation of the cost of the mortgage over time.

Annual Percentage Rate. This is meant to be a way of comparing the cost of credit. It takes into account most of the up-front and on-going costs involved in taking out a mortgage. New rules enable customers to accurately compare different mortgage products.

Abbreviation for Annual Percentage Rate. Where an APR is quoted it will be based on the total charge for credit including fees and other charges for arranging a mortgage or loan. Use this figure when (More)

Annual Percentage Rate. The total charge for the loan including fees and interest expressed as a percentage. This is for the term of the mortgage.

Annual Percentage Rate. This is the actual rate of interest your loan would be if you included all of the other associated costs such as closing costs and points.

APR is a calculation performed on the interest rate due to charges incurred by using a mortgage professional when financing your property. Mathematically, this calculation is a substitution of the Principal Balance with the Amount Financed. Then, simply recompute the interest rate. With a lesser amount in the Principal Balance category due to these fees, the same term of payment and payment amount, the interest rate can only increase. The difference between the APR and the quoted Interest Rate on the Promissory Note is what is important, as well as the final APR figure.

Annual Percentage Rate. Under the truth-in-lending law, the APR is used to disclose the total cost of a loan to a borrower and is converted to the so-called effective interest rate.

Annual Percentage Rate. A rate calculated using a standard formula. Shows the total cost of a loan - interest, points, mortgage insurance, and other fees associated with the loan.

APR stands for Annual Percentage Rate. A lender is always required to quote the APR when advertising a loan or borrowing rate. The lender will usually quote the headline rate and the APR next to it. The headline rate states the rate of interest you pay per month or per year on the mortgage, while the APR is based on the total amount that will be paid over the entire period of the loan. It also takes into account any charges that the borrower has to pay during the loan period.

APR stands for the annual percentage rate. According to the professionals at Interest.com, this is an interest rate that reflects the actual cost of a mortgage, expressed as a yearly rate. It takes into account points and credit costs.

Annual Percentage Rate. This tells you the cost of a loan, taking into account the interest you pay, any other charges and when the payments fall due. The cost is standardised as an annual percentage rate so you can easily compare the cost of one loan with another e.g. a loan with an APR of 15% is more expensive than one with an APR of 11%.

Annual Percentage Rate. The cost of credit as expressed as a yearly (annual) rate. The APR takes into account the interest rate, points and some loan origination fees paid by the borrower.

Annual Percentage Rate. The cost of credit expressed as an annual rate. APR is a percentage that is calculated on the basis of the amount financed, the finance charges, and the term of the loan.

Annual Percentage Rate. Sometimes called the Annual Interest Rate. The yearly interest rate or percentage that you pay on an outstanding balance in the form of interest.

Annual Percentage Rate. The base interest rate of a loan plus all additional service charges and costs. APR is considered the loan's true rate of interest, and is shown on the Truth in Lending Statement.

Annual Percentage Rate. The rate of annual interest and finance charges associated with a loan.

APR stands for 'Annual Percentage Rate'. APR is the interest rate expressed as a yearly rate. Your card issuer may charge separate and distinct APRs for Purchases, Cash Advances, and Balance Transfers. The APR may be 'variable' which typically indicates that the rate is tied to a particular index such as the 'Prime Rate'. A variable APR will change if the underlying index changes. The APR may also be 'fixed' which indicates that it is not tied to any particular index. A 'fixed' APR may also change but the card issuer must first notify you before changing your APR.

Annual Percentage Rate. The cost of credit including interest, loan fees and discount points stated as an annual percentage.

Annual Percentage Rate. The total cost of your loan, expressed as a percentage rate of interest, which includes not only the loan's interest rate, but factors in all the costs associated with making that loan, including closing costs and fees. The costs are then amortized over the life of the loan.

This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calculating APR is set by Government Regulations and therefore enables direct comparison of the cost of mortgages.

Annual Percentage Rate. The cost of credit that the consumer pays, expressed as a simple annual percentage.

Annual Percentage Rate. A percentage figure, calculated by using a standard formula that takes into account interest rates and associated costs over the term of a mortgage, used to compare the mortgage rates charged by different lenders.

This is the amount of interest you will be expected to pay, should you borrow on your credit card. The APR is a figure designed to give consumers some idea of the cost of borrowing on the credit card. Other factors such as the date from which the interest is charged and the number of days you have to pay the interest also affect the cost of borrowing.

Annual percentage rate. Cost of borrowing money, expressed as an annual percentage.

Annual percentage rate. A measure of the cost of credit, expressed as a yearly rate. It includes interest as well as other charges. Because all lenders follow the same rules when calculating the APR, it provides con­sumers with a good basis for comparing the cost of loans, including mortgages.

Annual Percentage Rate. An easy way of comparing credit terms. It takes into account most of the up-front and on-going costs involved in taking out a mortgage.

Annual Percentage Rate. The annual total cost of financing, including interest rate, loan fees and other costs. Stated as a percentage of the loan amount.

Annual Percentage Rate. The number used to compare the overall cost of a mortgage expressed as an annual interest rate. The calculation used to determine the APR includes the note rate of the loan and costs the borrower must pay to get the loan. The APR is usually higher than the actual note rate of the loan. Lenders must disclose the APR to the borrower. It is often used to compare similar loans.

Annual Percentage Rate. is the true cost of a loan, including all financing charges and fees. The APR is expressed as an annual percentage rate, as required by the Truth In Lending Act.

Stands for Annual Percentage Rate of charge. The rate of interest charged on a loan taking into account the total interest payable and other charges such as brokers' fees/legal fees.

ANNUAL PERCENTAGE RATE. A more precise description of the cost of money, which reflects not only the actual interest rate but the cost of certain expenses charged as part of the process of obtaining the loan. The actual items calculated into the APR are determined by the federal government.

Annual Percentage Rate. The finance charge calculated over one (1) year, taking into consideration all costs (includes origination fees, lender fees and certain closing costs) of the loan as required by the Truth in Lending Act.

Annual Percentage Rate. This is the interest rate that is of use for the year. Closing costs are not taken into account, so it is usually a higher rate.

The annual percentage rate is a measure of the cost of credit on a yearly basis. The APR allows you to compare various kinds of mortgages based on the yearly cost of each loan.

Annual Percentage Rate. This is meant to be a way of comparing the cost of credit. It takes into account most of the up-front and on-going costs involved in taking out a mortgage. You cannot always rely on it because lenders work it out in different ways .

Annual Percentage Rate. Often confused with interest rate, an APR supplies the cost of credit over the course of a year. It is supplied as a percentage taking into consideration the amount finance, any charges, and the term of the loan.

Annual Percentage Rate. The APR is a rate calculated using a generic formula applicable to all Lenders, which includes all the costs associated with a mortgage. This allows for easy comparisons to be made between the different mortgage products offered by each Lender.

ANNUAL PERCENTAGE RATE. The rate of interest for a loan over a one year period, expressed as a percentage value. This disclosure is required by the federal Truth-In-Lending Law.

Annual Percentage Rate The annual percentage rate reflects the actual cost of a loan and includes the loan interest rate, private mortgage insurance, points, and some fees.

Annual Percentage Rate. The cost of obtaining a mortgage stated as a yearly rate; includes such items as interest, mortgage insurance, points and origination fees.

Annual Percentage Rate. The total cost of your loan expressed as a percentage rate of interest. APR includes the loan’s interest rate and certain closing costs and fees associated with the loan which are amortized over the life of the loan.

ANNUAL PERCENTAGE RATE. The total yearly cost of a mortgage stated as a percentage of the loan amount; includes such items as the base interest rate, primary mortgage insurance and loan origination fee.

Annual Percentage Rate. The yearly interest percentage of a loan after all fees and charges have been factored in.

ANNUAL PERCENTAGE RATE. An interest rate reflecting the cost of a loan as a yearly rate. This rate is likely to be higher than the stated note rate on the mortgage, as it takes into account points and other credit costs. The APR allows borrowers to compare different types of mortgages based on the annual cost for each loan.

Annual Percentage Rate. The total amount charged for the loan including fees and interest expressed as a percentage.

Annual Percentage Rate. This is the annual interest rate you are assessed for borrowing money on a credit card. If you pay the entire purchase balance on your monthly bill on time each month, then you will typically pay nothing (a one-month interest-free loan). Otherwise this rate is applied to your outstanding balance each month.

Annual Percentage Rate. The total yearly cost of a mortgage stated as a percentage of the loan amount. Factors a few other loan costs besides the interest rate including primary mortgage insurance and loan origination fee.

ANNUAL PERCENTAGE RATE. The actual cost of borrowing money expressed in the form of an annual rate to make it easy for one to compare costs of borrowing. (includes but not limited to points, interest, discount points) (see Truth-in lending Act)

ANNUAL PERCENTAGE RATE. The cost of a mortgage stated as a yearly rate including such items as interest, mortgage, and loan origination fees or points.

Annual Percentage Rate. The annual cost of borrowing money expressed as a percentage of the loan amount, which includes loan related charges and fees. Reflects the real cost of borrowing money and can be used to compare similar loans by various lenders.

Annual percentage rate. This is used to provide consumers with the true annual cost of a loan, expressed as a percentage. By law, the APR has to be shown by banks and building societies alongside their quoted rates for each mortgage. It incorporates all ongoing costs, interest charges and arrangement fees.

This stands for Annual Percentage Rate and should be used to compare the costs of credit. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. Lenders use different ways to work it out, and until there is a standard you cannot rely on it completely.

Annual Percentage Rate. The effective rate of interest for a loan. The APR reflects all the costs of financing - including points, origination fees, and other finance charges - and is usually higher than the interest rate alone.

Annual Percentage Rate. The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.

Annual Percentage Rate. The yearly percentage rate imposed when a balance is held on a credit card. When an outstanding balance is held, this rate is applied to your outstanding balance each month.

This stands for annual percentage rate. It is intended to give people a more accurate idea of how much they are being charged when they borrow money.

Annual Percentage Rate. A measure of the cost of credit expressed as a nominal yearly rate. Lenders are required by law to disclose the APR, and the rate is used as a benchmark for various loans so that even simple interest and compound interest loans may be compared.

Annual Percentage Rate. A term used in the Truth in Lending Act to represent the full cost of a loan including interest and loan fees.

Annual Percentage Rate. The annual cost to a borrower of consumer credit that has been calculated according to certain consumer laws (see Interest Rate).

Annual Percentage Rate. The total cost of your mortgage loan expressed as an annual interest rate. This includes the base interest rate, mortgage insurance, origination fees, and some other related fees.

Annual Percentage Rate. The interest rate paid when all of the costs of obtaining credit (such as closing costs) are included.

The Annual Percentage Rate, which must be reported by lenders under Truth in Lending regulations. It is a comprehensive measure of credit cost to the borrower that takes account of the interest rate, points, and flat dollar charges. It is also adjusted for the time value of money, so that dollars paid by the borrower up-front carry a heavier weight than dollars paid ten years down the road. However, the APR is calculated on the assumption that the loan runs to term, and is therefore potentially deceptive for borrowers with short time horizons.

Annual Percentage Rate. A figure that represents the cost of the loan over the term of the loan expressed as a percentage. The APR is disclosed the Truth In Lending disclosure.

An estimate of the cost of borrowing money expressed as a single rate. This rate is usually higher than the nominal or actual rate because it includes selected closing costs in addition to the interest rate. Different lenders may offer the same interest rate but charge different closing costs and other fees resulting in different annual percentage rates. The APR allows the consumer to compare these costs easily. The lower the APR, the less you'll pay.

Annual Percentage Rate. The Annual Percentage Rate is the cost of credit. When you open a credit card account, you agree to pay a percentage of the outstanding balance each month as a finance charge. The APR is the rate of interest you are charged, expressed on a yearly basis.

Is the rate per year that it will cost the borrower to owe money on the loan.

Annual Percentage Rate. The cost of your credit expressed as a yearly rate. It takes into account interest, points and loan origination fee. All lenders use the same guidelines for determining APR, so it is a good basis for comparing costs of various loan programs.

APR or the Annual Percentage Rate, is a measure of the true cost of a loan or other finance. As well as measuring the amount of interest charged, the APR figure includes any other additional costs involved - e.g. arrangement fees etc. APR is used to accurately compare loan products from different companies, where although the main interest rates may be the same, the real cost (and thus the APR) may vary.

The percentage of interest you pay for one year on the unpaid balance of a loan. APR applies to vehicle loans but not to leases.

Annual Percentage Rate. is the total cost of credit (including prepaid costs) expressed as an annual percentage rate charged yearly.

Annual Percentage Rate; the cost of credit at a yearly rate including interest and fees. The APR is different from the interest rate described in the private loan promissory note. APRâ€(tm)s are used to express the total cost of borrowing money so that consumers can compare loans from various lenders. They are not used for FFELP loans.

Annual Percentage Rate. The cost of credit as a percentage of the amount financed. Lenders must disclose their costs in these terms according to the Truth-in-Lending Act.

Annual Percentage Rate. A yardstick to help compare interest rates among lenders. It takes into account extra items such as booking fees

Annual Percentage Rate. The interest rate used to calculate how much in finance charges will accumulate if the balance isn't paid in full by the due date.

Annual Percentage Rate. Your cost of credit plus your mortgage interest rate annualized over the term of your loan.

Annual Percentage Rate. The cost of carrying a balance on a loan expressed as an annual percentage. To calculate the amount owed in interest each month divide the APR by 12. For example, if the APR is 18% the monthly rate is 1.5%.

Annual Percentage Rate. This compares the cost of capital and takes into account most of the up-front and ongoing costs involved in a mortgage. It allows the consumer to compare the true costs of loans from different lenders. It is a legal requirement to quote APR figures for both mortgage and personal loan quotations. Arrangement fee A fee you pay to the lender in return for a mortgage deal. This deal could be fixed, discounted or cashback. It is normally paid on completion but it may sometimes be added to the loan. Holywood Mortgage Centre does not charge any fees for advice or services provided in obtaining your mortgage.

The true rate of interest payable on any sum borrowed. The APR reflects the total amount payable over the term of the mortgage and will include any costs related to the loan such as arrangement fees and other charges.

Stands for Annual Percentage Rate which helps you compare the cost of different mortgage deals. It takes into account the amount of interest you will pay, the length of the term of the mortgage, and other charges such as any arrangement fee.

THE ANNUAL PERCENTAGE RATE IS AN INTEREST RATE CALCULATION WHICH ALL LENDERS HAVE TO SHOW AS WELL AS THEIR OWN PUBLICISED RATE - THE APR IS INTENDED TO HELP BORROWERS COMPARE INTEREST RATES ON OFFER.

Annual Percentage Rate. The actual rate of interest paid, the APR represents the interest percentage of the total finance charge to the amount of the loan. The APR is disclosed to conform to federal truth-in-lending statutes.

Annual Percentage Rate. An interest rate that reflects the cost of a mortgage as a yearly rate. This rate takes into account any points and fees and is based on the loan going to it's full-term.

Short for Annual Percentage Rate. This percentage shows the true cost of the mortgage over the term - including any fees.

This is the interest rate on the loan plus any points and closing costs, calculated over the term of the loan. This should be used as a guide for shopping for a mortgage, since it may show hidden fees. It is not the same as the interest rate on which your mortgage payments are calculated.

Annual Percentage Rate. A measure of the cost of credit expressed as a yearly rate that relates the amount and timing of value received by the consumer to the amount and timing of payments made. The APR includes the quoted interest rate plus certain service charges and other finance charges associated with the loans.

Annual percentage rate. The total cost of a mortgage stated as a yearly rate. It includes the interest, mortgage insurance, and loan origination fee (points).

The Annual Percentage Rate is the amount of interest compounded monthly on a loan or mortgage.

A term used in the Truth in Lending Act. It represents the relationship of the total finance charge (interest, discount points, origination fees, loan broker, commission, etc.) to the amount of the loan.

Annual Percentage Rate. Total yearly cost of a mortgage, expressed by the actual rate of interest paid. APR includes the base interest rate, points, and other add-on loan costs. Because it includes other costs, the APR is always higher than the mortgage's interest rate.

The true cost of borrowing. It takes into account all the fees in obtaining a particular loan, such as arrangement fees, the actual interest rate on the loan and when the payments are due for the duration of the loan. An APR has, by law, to be quoted in all advertisements and publications with the aim of preventing lenders from misleading the public by quoting a low initial interest rate and then hitting borrowers with a high rate later.

Annual Percentage Rate. Annual Report

Annual percentage rate - interest rate charged on revolving credit card balances. (Amounts you don't pay off every month.)

Annual Percentage Rate. Earnest Money NIV Loan (No Income Verification)

Annual Percentage Rate. There are two interest rates applied to your loan: the Actual Interest Rate and the Annual Percentage Rate. The Actual Rate is the annual interest rate you pay on your loan (sometimes referred to as the "note rate"), and is the rate used to calculate your monthly payments. The amount of interest you pay, as determined by your Actual Rate, is only one of the costs associated with your loan; there may be others. The Annual Percentage Rate (APR) includes both your interest and any additional costs or prepaid finance charges you might pay such as prepaid interest, private mortgage insurance, closing fees, points, etc. Your APR represents the total cost of credit on a yearly basis after all charges are taken into consideration. It will usually be slightly higher than your Actual Rate because it includes these additional items and assumes you will keep the loan to maturity.

Annual Percentage Rate. The APR is the actual cost of credit, expressed as an annual rate.

Annual Percentage Rate. Under the Truth In Lending Act, the relationship between a loan's total finance charge and the total amount financed, expressed as an annual percentage. The total finance charge includes interest, any discount points paid by the borrower, the loan origination fee, and mortgage insurance costs

The cost of credit, expressed as a percentage rate per year.

Annual Percentage Rate. The actual annual cost of borrowing. The APR represents the relationship of the total finance charge (interest, loan fees, points) to the amount of the loan.

Annual Percentage Rate. APR indicates the amount of interest payable on outstanding balances. It represents the annual cost of the credit as a percentage. Barclaycard Business Charge Card Accounts do not have an APR as balances are settled in full each month, so no interest is charged.

Annual percentage rate. The APR reflects the cost of your mortgage loan at a yearly rate. It may be higher than the note rate because it also includes points and fees paid by the borrower. This allows the borrower to compare two offers at the same note rate, and determine which one has the lowest costs - the one with the lower APR has the lower closing costs.

Annual Percentage Rate of charge. The true rate of interest charged on a loan taking into account the total cost of interest and other charges e.g. brokers fees/legal fees. The calculation is set out in statutory regulations.

Annual Percentage Rate. The effective interest rate required to be disclosed under the Truth in Lending Act.

Annual Percentage Rate. This rate takes into account all the costs, interest charges, arrangement fees etc. Theoretically it allows you to compare mortgages on a like for like basis. However, you need to be careful as different lenders calculate it in different ways.

1. Annual Percentage Rate. This is the compounded rate used to give a standard comparison of the amount of interest you are likely to pay on loans or outstanding credit card balances. 2. A statutory method of calculating the Annual Percentage Rate of charge to repay the total charge for credit over the period of the loan. 3. Allows customers to compare like with like when comparing costs between different lenders.

Designed to measure the "true cost of a loan," it can be a very confusing number because the rules for computing the APR are not clearly defined.

Annual percentage rate. A mortgage's yearly interest rate. The APR represents the actual annyual cost of credit over the life of the loan including interest, service charges, points, loan fees and other items.

Annual Percentage Rate. calculated by using a standard formula, the APR shows the cost of a loan; expressed as a yearly interest rate, it includes the interest, points, mortgage insurance, and other fees associated with the loan.

Annual Percentage Rate. The APR is the interest rate figure that indicates the total cost of borrowing, including any charges. When you borrow money, every lender is required by law to quote this rate. The APR is the best way of comparing like with like. It was introduced as part of the Consumer Credit Act of 1974 and is mostly used for credit cards, personal loans and mortgages.

Annual Percentage Rate. A percentage rate that reflects the amount of interest earned or charged.

Annual Percentage Rate. APR is a measurement of the full cost of a loan, including interest and loan fees expressed as a yearly percentage rate. Because all lenders apply the same rule in calculating the APR it provides consumers with a good basis for comparing the cost of loans

Annual Percentage Rate. The total finance charge (including interest, points, and other finance charges) expressed as a percentage of the amount financed.

Annual percentage rate. The effective yearly cost of interest rate paid on a loan, also called APR. APR includes interest, and the origination fee (points) if any, expressed as a percentage. Lenders are required by law to disclose the APR.

Annual Percentage Rate. A calculation expressing the total cost of credit as a yearly percentage.  It includes up-front costs (i.e. prepaid interest) and any other finance charges associated with obtaining the loan. For this reason, the APR is usually higher than the interest rate on the mortgage note. The APR should not be confused with the mortgage's note rate, which is used to calculate the principal and interest payment.

Annual Percentage Rate. APR is the yearly rate of interest including all miscellaneous costs. Must be disclosed by lenders as per the law.

Annual percentage rate. Interest that a loan will cost you each year.

annual percentage rate. An interest rate reflecting the cost of a mortgage as a yearly rate. Because it takes into account points and other credit costs, the APR is likely to be higher than the mortgage rate. It is a basis of comparison for mortgage loan costs.

Annual Percentage Rate. The cost of your loan expressed as a yearly rate. For mortgages, it includes interest, points, origination fees, attorney fees, mortgage insurance or any other charge that is expressed as a fee.

Annual Percentage Rate. An interest rate reflecting the cost of a mortgage as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account points and other credit costs.

annual percentage rate. A standardized measure of the actual credit cost of a loan expressed as a percentage rate on a annual basis. Unlike the interest rate which dictates the rate of interest charged on the unpaid balance for each payment, the APR takes additional finance costs, such as loan "points" and closing costs into account, and always shows a true rate that is higher than the interest rate. The APR is calculated according to rules established as part of the federal Truth-in-Lending Act.

ANNUAL PERCENTAGE RATE. Sometimes called the “true” rate of interest, it includes interest and certain loan fees and discount points.

The Annual Percentage Rate is a measure of the cost of credit expressed as a yearly rate including interest balance transfer and cash advance fees. When you open a credit card account, you agree to pay a percentage of the outstanding balance each month as a finance charge.

Annual Percentage Rate. The cost of a borrower's credit as a yearly rate. Defined by the federal Truth in Lending Act, it includes finance charges as well as the contractual interest rate.

Annual Percentage Rate. is an interest rate expressed as an annual percentage rate. The APR is used to calculate the amount of interest on outstanding credit card balances. A low APR means low interest (finance) charges. For example, if a card's APR is 0%, there is no interest charged on the outstanding balance - you pay no interest to the credit card issuer on the borrowed money, you are borrowing money interest-free. On the other hand, if a card's APR is 18%, you pay 18% interest on the outstanding credit card balance. This means that if you owe $1,000 you pay $180 in interest charges per year.

Annual Percentage Rate. A calculation that expresses the total cost of a mortgage loan as a yearly rate. The Annual Percentage Rate (APR) includes both your interest and any additional costs or prepaid finance charges you might pay such as prepaid interest, private mortgage insurance, closing fees, points and certain fees paid at origination. It generally results in a rate slightly higher than the stated interest rate on the loan.

Annual Percentage Rate. The interest charged on purchases over one year, expressed as a percentage of the amount borrowed. It includes the interest to be paid on the amount borrowed and other compulsory non-interest costs (for example annual fees). The APR does not include any avoidable charges such as late payment fees. Companies that advertise loans or credit cards are required to state what the APR rate is. This enables borrowers to compare rates and to see the true rate of interest repayment they would incur over a full year.

Annual Percentage Rate. The interest rate on a loan for a one-year period.

Annual percentage rate. A rate that reflects the actual cost of a loan, incorporating the loan interest rate, private mortgage insurance, points and fees.

Annual percentage rate. The total yearly cost of a mortgage stated as a percentage of the loan amount. This includes the base interest rate, mortgage insurance, origination fees, and some other related fees. See your lender for a more complete explanation of what fees are used to calculate your APR.

Annual Percentage Rate. The cost of obtaining credit, expressed as a yearly rate, taking into account the interest rate, points and certain loan fees.

Annual Percentage Rate. Charges imposed on the borrower to obtain a mortgage, expressed on an annualized basis as an interest rate. It includes the interest rate, loan fees and points.

Annual Percentage Rate. A yearly rate of interest that includes fees and costs paid to acquire the loan. This rate may be higher than the stated note rate on the mortgage because it takes into account points and other credit costs. The APR allows borrowers to compare different types of mortgages based on the annual cost for each loan.

Annual Percentage Rate. The APR is a measure of the cost of credit, expressed as a yearly interest rate. Usually the lower the APR, the better for you. Be sure to check the fine print to see if your offer has a time limit. Your APR could be much higher after the initial limited offer.

Annual Percentage Rate. Includes quoted interest rate on the loan plus all additional service and finance charges associated with the loan. Includes all costs of financing; those paid at the time of closing and those paid over the term of the loan. The APR is usually slightly higher than the note rate.

Annual percentage rate. The effective interest rate on a loan, including all fees and other charges.

( Annual Percentage Rate) Rate of interest charged on a loan that takes into account all up-front fees and points.

APR The Annual Percentage Rate of interest charged on loans etc. defined by the Consumer Credit Act.

This means the 'Annual Percentage Rate' and tells you the effective rate of interest that will be charged on your mortgage or remortgage taking into account the total cost of interest and other charges e.g. legal fees. It allows borrowers to compare the true cost of different options.

Annual Percentage Rate. the rate which includes not only interest, but also origination fees and discount points in relation to the loan amount. This must be provided by the lender at loan application.

Annual Percentage Rate. The actual or true rate of interest paid over the life of a loan.

Annual percentage rate. An interest rate based on the cost of credit and expressed as an annual percentage.

The APR or annual interest rate combines interest rate and other charges involved in a loan.

Annual Percentage Rate. A measure of the cost of credit, expressed as a yearly rate. It includes interest as well as other costs over the life of the loan. Lenders generally follow the same rules to ensure the accuracy of the annual percentage rate, which provides Members with an even comparison on the cost of loans, including mortgage plans.

Annual Percentage Rate. A standard format developed by the federal government to provide an effective interest rate for comparison shopping of loans. Some closing costs are factored into the APR. Actual monthly payments are based on the periodic interest rate, not the APR.

A measure of the cost of credit that expresses the finance charge, which includes interest and may also include other charges, as a yearly rate.

Annual Percentage Rate. The periodic rate times the number of periods in a year. For example, a 3% quarterly return has an APR of 12%.

righttobuymortgages wrote 8 months ago: An interest rate reflecting the cost of a mortgage as a yearly rate. This rate is likely to be higher … more » Tags: Mortgage Glossary

Annual Percentage Rate. A loan's interest rate plus other loan fees, calculated over the life of the loan. It is a little higher than the interest rate. Disclosure of a loan's APR is required at closing (on the Federal Truth-In-Lending Disclosure form).

annual percentage rate. A simple loan rate, such as 6.5%, familiar to anyone who has taken out a loan or mortgaged a home. It represents the percentage of the loan amount that you will pay annually for the privilege of borrowing the money.

Annual Percentage Rate. The cost of credit as a yearly rate. The percentage results from an equation considering the total amount financed, the finance charges, and the term of the loan. Usually not the same as the interest rate.

Annual Percentage Rate. APR is a percentage calculation of the finance charge portion of financing contact. Note: Consumer lending terminology.

Annual Percentage Rate. the total cost of credit expressed as a yearly rate. Includes interest, loan discount fee (points) and other credit costs.

Annual Percentage Rate. an interest rate designed to show you the total annual cost of getting credit. APR is calculated in a standard way so that you can compare the cost of using one card with another.

Abbreviation for Annual Percentage Rate. Where an APR is quoted it will be based on the total charge for credit. This will include(where applicable) and Arrangement and Valuation Fees, typical legal fees, Higher Lending Charge and Redemption Administration Fee.

Annual percentage rate. The actual cost of borrowing money, expressed in the form of an annual rate to make it easier to compare the cost of borrowing money among several lenders or sellers on credit. The APR includes all the financing costs of a mortgage, including points, origination fees and other finance charges and the mortgage interest.

annual percentage rate. The actual interest rate a borrower will pay each year on the unpaid balance of a vehicle loan.

Annual Percentage Rate. A percentage calculation that reflects the total cost of a loan (interest plus all fees) on an annual basis.

Annual percentage rate. It is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage. APR measures the true interest cost of borrowing by including any fees or prepaid interest involved in obtaining a loan.

Annual Percentage Rate. The cost of credit expressed as a yearly rate. The percentage results from an equation factoring in the total amount financed, the finance charges, and the term of the loan. Will typically differ from the i nterest rate.

APR or Annual Percentage Rate is the actual cost of interest on a loan/mortgage and takes into account the amount of interest you will pay and the term of the loan/mortgage. So the higher the APR the more you will pay, the lower the APR, the less you pay. This is the easiest way to compare loans to gain the best rate for you.

This term actually stands for Annual Percentage Rate and it is what companies charge, per year, on the balance of your card.

annual percentage rate. The actual cost of a loan over a year, or the actual yield on a savings account over one year.

Annual Percentage Rate. Everything financed in your mortgage loan package (interest, loan fees, points or other charges) expressed as a percentage of the loan amount (usually slightly above the actual interest rate alone.)

Annual Percentage Rate. The interest rate being charged on a debt, expressed as a yearly rate. Credit cards often have several different APR's - one for purchases, one for cash advances and one for balance transfers. Some lenders may increase the APR if a payment is late.

Annual percentage rate. A term defined in consumer credit legislation with the intention of providing a standard basis for comparing different forms of credit. It has had limited success and can be confusing. For example, case law has established that a lender can quote a mortgage APR based on a short-term fixed rate without including in the calculation the fact that, at the end of the fixed rate period, the rate will change. The allowable assumption is that the rate will continue throughout the mortgage term. The calculation must however include the 'total charge for credit' which includes such things as arrangement fees, valuation fees etc and so does have some merit. The concept is overdue for overhaul and redefinition.

Annual Percentage Rate. The cost of credit expressed as a yearly rate. It reflects the simple interest rate plus any finance charges such as origination fees or points. It helps you better understand the true cost of the loan and make informed decisions.

Annunal Percentage Rate. A measure of the cost of credit expessed as a yearly percentage rate. This is a federally required formula, designed to help the owner compare the cost of credit.

The cost of your credit expressed as a yearly rate. Pertaining to mortgages, it takes into account interest, points, loan origination fees and any mortgage insurance required by the lender.

This stands for Annual Percentage Rate. It takes into account all fees and other costs in connection with the mortgage as well as the lenders interest rate.

Annual Percentage Rate. APR is the cost of credit as a yearly rate and expressed as a percentage. The percentage is computed in accordance with the total amount financed, the finance charges, and the term of the loan. APR is inclusive of interest rate.

Annual Percentage Rate. The cost of the loan expressed as a yearly rate on the balance of the loan.

Annual Percentage Rate. "Effective" cost to borrow money which takes into account certain costs such as prepaid interest, points, PMI and certain closing costs.

Annual Percentage Rate. The interest rate reflected as a yearly rate, taking into account points and other fees.

Annual Percentage rate. An interest rate expressed as a percentage per annum. The APR on a loan account is applied to the unpaid balance of the account to calculate the interest payable on the loan.

Annual Percentage Rate. a type of interest rate shown as a yearly rate; its calculation incorporates principal, interest, points, insurance, and any other related fees.

(Annual Percentage Rate) The APR gives an idea of how much the company is being charged when borrowing money.

Annual Percentage Rate. The cost of credit on a yearly basis, expressed as a percentage. Required to be disclosed by the lender. Includes up-front costs paid to obtain the loan, and is, therefore, usually a higher amount than the interest rate stipulated in the mortgage note. Does not include title insurance, appraisal and credit report. Collateral Collateral refers to an asset that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan contract.

ANNUAL PERCENTAGE RATE. The cost of credit as determined in accordance with Regulation Z of the Board of Governors of the Federal Reserve System for implementing the Federal Truth in Lending Act. Back to the Top

Annual Percentage Rate. The effective interest rate when all finance charges and up-front fees are included. The APR on a loan can vary among lenders because of differences in up-front fees, interest charges and the length of the loan term. Federal Truth-in-Lending laws require that lenders state the cost of their credit in terms of both the finance charge (i.e., interest rate) and the APR.

Annual Percentage Rate. This is the cost of your credit expressed in terms of annual rate. Because you may be paying "points" and other closing costs, the APR disclosed is often higher than the interest rate on your loan. The APR can be compared to the APR for other loans for which you may have applied to give you a fair method of comparing price.

Annual Percentage Rate. A figure that states the total yearly cost of a mortgage as expressed by the actual rate of interest paid. The APR includes the base interest rate, points, and any other add-on loan fees and costs. As a result the APR is invariably higher for the rate of interest that the lender quotes for the mortgage but gives a more accurate picture of the likely cost of the loan. Keep in mind, however, that most mortgages are not held for their full 15 or 30 year terms, so the effective annual percentage rate is higher than the quoted APR because the points and loan fees are spread out over fewer years.

annual percentage rate. This is not the note rate on your loan. It is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage, which includes the interest rate and other costs associated with the loan.

The total cost of the mortgage, expressed as a percentage of the loan amount. Unlike the base interest rate (which only includes interest), the APR includes all costs associated with your loan, including points, origination fees, PMI, etc. Because different lenders charge different fees, the APR is a good way to compare the total cost of a loan from various lenders.

Annual Percentage Rate. APR reflects the note rate charged on the loan adjusted for prepaid interest and financing costs you pay in obtaining the loan. It is used as a tool for comparing loan terms amongst available loans and lenders. The government requires lenders to disclose APR in an effort to protect borrowers; however, APR is easily manipulated and often misleading.

Annual Percentage Rate. The total yearly cost of the interest on a loan, expressed as a percentage rate. The Federal Truth in Lending Act mandates a standard calculation method to allow a consumer to make "apples to apples" comparisons of lending rates.

Annual Percentage Rate. A standardized method of calculating the cost of a mortgage, stated as a yearly rate which includes such items as interest, mortgage insurance, and certain points or credit costs.

Annual Percentage Rate. A term defined in section 106 of the Federal Truth in Lending Act (PL 90-321; 15 USC 1606), which reflects on an annualized basis the charges imposed on the borrower to obtain a loan (defined in the Act as "finance charges"), including interest, discounts and other costs.

Annual Percentage Rate. The total cost of your loan expressed as a percentage rate of interest. APR includes the loan's interest rate and all costs associated with the loan such as closing costs and fees. The costs are amortized over the life of the loan.

Annual Percentage Rate. Calculation which standardizes rates, point, and other costs of a mortgage loan. This figure is disclosed as part of the truth-in-lending statement, which is required by the Federal Truth-In-Lending Act. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account points and other credit costs such as private mortgage insurance, loan discount, origination fees, and other credit costs. The APR allows homebuyers to compare different types of mortgages based on the annual cost for each loan.

Annual Percentage Rate. The yearly interest rate that reflects the total cost of the mortgage. The APR is likely to be higher than the quoted interest rate because it includes acquisition fees, points, insurance, and other credit and closing costs. Lenders are required by law to make the APR of the mortgage known and it is therefore a good way for borrowers to compare loan variations based on yearly costs.

Annual Percentage Rate. The total finance charge (interest, loan fees, points) expressed as a percentage of the loan amount.

Annual Percentage Rate. Discussed in more detail click here

(annual percentage rate) is a measure of the cost of credit, expressed as an annual rate. It must be disclosed both before you become obligated on that account and also on your monthly statement. In addition the card issuer must disclose the "Periodic Rate", the rate applied to your outstanding balance, to figure the finance charge for each billing period. There are different ways this rate is applied. "Variable Rate", the variable rate plans are based on changes in interest (Prime Rate) and economic factors called indexes. "Fixed Rate" these are accounts with interest rates that are not affected by the prime rate or other indexes, but are subject to change as with any account if your obligations are not met.

Annual percentage rate. The total interest percentage of a loan calculated on an annual basis. Taken into account is the actual (note) interest rate, loan origination fee (points) and primary mortgage insurance (PMI).

Annual percentage rate. It is the interest rate charged on the loan. It is the yearly rate of interest, expressed as a percentage of the loan. It is the real cost of the loan and includes interest, service charges, points, fee etc.

The APR is the annual interest rate charged to the borrower for the convenience of financing the loan.

Annual Percentage Rate. The total cost of a mortgage stated as a yearly rate. It is typically higher than the note rate because it includes the base interest rate plus specific closing costs.

Annual Percentage Rate. The term used to describe a special interest rate calculation (see Interest), determined mathematically -- takes into account both the interest rate of the mortgage (the note rate) and certain fees charged by the lender in conjunction with obtaining the mortgage, and expressing the resulting value as a percent. The APR expression will typically be higher than the rate identified in the mortgage.

Annual Percentage Rate. This is the rate of charge on a loan calculated to a set formula. It includes not just the rate of interest, but also associated costs. It was introduced to provide a meaningful comparison of rates charged by different lenders. More sophisticated repayment systems have recently made APRs much less meaningful than in the past.

Annual Percentage Rate. Finance charge over a full year, expressed as a percentage of all costs of the loan as required by the Truth-in-Lending Act.

Annual Percentage Rate. A rate which reflects the loan's total finance charges, including interest, points, PMI (if applicable), and other fees.

Annual Percentage Rate. The effective rate of interest for a loan per year. This rate is typically higher than the note rate because it takes into account most of the closing costs. This is one way to compare loan programs offered by different lenders. Caution : the APR is sometimes computed differently by different lenders and can be misleading.

Annual percentage rate. The annual cost of a mortgage. APR is the base interest rate plus points, fees, and other loan costs.

Annual percentage rate. The APR is the cost of a mortgage, stated as a yearly rate, and includes interest, mortgage insurance and loan origination fee.

Annual percentage rate. The effective rate of interest on a loan per year including interest at the note rate and the total finance charges. Regulation Z, the Truth-in-Lending law, requires APR disclosure.

Annual Percentage Rate. The yearly sum of charges including interest, points, insurance and fees calculated as a percentage.

This is the figure that tells you the total cost of a loan. It takes into account the amount of interest you pay, most other charges, and when and how often interest and charges must be paid. The APR is a yearly percentage cost which is always worked out in the same way so you can compare costs. A loan with a high APR will cost you more than a loan with a low APR. For example, a loan with an APR of 10% costs more than one with an APR of 8.9%.

Annual Percentage Rate. the APR expresses the true rate of interest charged for the loan, on a yearly, annualized basis, because it consists of all the financing costs of the transaction. The APR is higher than the actual mortgage interest rate because of related financing costs (such as discount points, origination fees, mortgage insurance, prepaid interest, etc.).

An APR is the annual percentage rate of a loan. This quantifies the total charge for credit as a standard measure which borrowers can use to compare the credit charges from one lender to another regardless of how they make the repayment calculation.

Annual Percentage Rate. the APR shows the cost of a loan by calculating it using a standard formula.

APR or the Annual Percentage Rate is the interest rate charge on your loan. This figure takes into account not only the interest payable over the term of the loan but also any other related charges or fees. As such it’s the best measure for comparing the cost of borrowing from one lender to another.

Annual Percentage Rate. A representation of the true cost of a loan expressed as a yearly rate, taking into account interest, points, and other finance charges. Disclosure of the APR is required by the federal Truth-in-Lending Law and allows borrowers to compare the costs of different mortgage loans.

APR stands for Annual Percentage Rate and is an interest rate which takes account of the full amount of interest on any money borrowed plus the timing of repayments and any other charges that you have to pay. The frequency of the interest payments, for example monthly or quarterly, affects the calculation.

ANNUAL PERCENTAGE RATE. The cost of your credit as a yearly interest rate (not the same as the note rate).

This is a term used to specify the rate of interest applied to loans that you will, or may have already taken out. The rate of interest differs depending on the bank or company issuing the loan. The annual percentage rate is quantified, as a certain percentage of the loan taken out that will need to be paid back per year. This is normally shown as 11.9% (Apr).

Annual Percentage Rate. Different than the rate on a loan. The APR reflects the true cost of borrowing as a percentage.

Annual Percentage Rate. the cost of loan expressed as yearly interest rate. The APR includes the interest rate and all fees paid to obtain the loan such as points and closing costs.

Annual Percentage Rate. A term defined in section 106 of the federal Truth in Lending Act (15 U.S.C. 1606), which expresses on an annualized basis the charges imposes on the borrower to obtain a loan (finance charges), including interest, discount and other cost such as prepaid items.

Annual Percentage Rate. This percentage is determined by dividing the principal amount of a loan by all finance charges that include interest, points, and any other finance charges.

A periodic percentage rate that determines the finance charges you pay on your account. In This Section Budget Calculator Credit Quiz Glossary

The cost of a loan or other credit on an annual basis expressed as a percentage of the principal. This cost includes not only the interest on the loan, but may include other finance charges associated with obtaining the loan. Since Provident Credit Union does not have any such fees associated with obtaining an auto loan, the "interest rate" and the "APR" are equal. APR applies to vehicle loans but not to leases.

Annual Percentage Rate. The Consumer Credit Act 1974 has been designed to make the customer aware of the time cost of borrowing. A "rule of thumb" was therefore developed to protect the customer, allowing them to fairly compare one guide deal with another. This not only includes the pure interest element but all other borrowing costs and is expressed in terms of an Annual Percentage Rate (APR). Regulations stipulate how the APR should be shown in advertisements and quotations.

Annual Percentage Rate. Is the calculated interest rate over credited amount for the period of one year. APR is the percent representation of the annual interest rate.

Annual percentage rate. The term used in the Truth and Lending Act. It is an actuarial representation of the total financing cost of credit expressed as a percent per annum. The annual percentage rate (APR) is calculated similarly across different institutions.

Annual percentage rate. The advertised rate of interest per annum.

Annual Personnel Report

Annual Percentage Rage. This is the Annual Percentage Rate of Charge (i.e. the yearly cost of the mortgage). It enables you to compare the cost of borrowing from different financial institutions.

The total cost of a loan- including all costs, interest charges and arrangement fees- shown as a percentage rate and easily comparable with mortgage interest rates.

Annual Percentage Rate. The yearly rate of interest calculated by taking average compound interest over the term of the loan. APR takes into account the interest rate, fees, length of repayment and any discounts.

Annual Percentage Rate. Also known as the interest rate. The yearly rate or percentage that one pays on credit balances in the form of interest.

Annual percentage rate. A calculation that expresses the total cost of the mortgage loan as a yearly rate (according to a federally mandated procedure). The APR calculation takes into account monthly interest payments, mortgage insurance, points and certain fees paid at origination. It generally results in a rate slightly higher than the stated interest rate on a loan.

Annual percentage rate. The effective interest rate paid on a loan, expressed as an annual rate. APR measures the true cost of borrowing by including any fees or prepaid interest involved in obtaining a loan. For instance, if a borrower pays $500 in closing costs to obtain a $10,000 loan, the APR is higher than the simple interest rate because the borrower is repaying a $10,000 loan but only receiving net proceeds of $9,500. The federal Truth-in-Lending Act requires lenders to disclose the APR.

Annual percentage rate. This describes the rate on your loan. You have to be careful in examining whether the bank is telling you stated APR or real APR. The difference is following: even though banks tell you that an annual rate 5% for example, they accrue interest daily. That means that every day there is a little bit more principal to accumulate percentage on. So in reality your rate is approximately 5.4%.

Annual actual cost of credit, expressed as an equivalent yearly rate. The APR is intended to provide a common means of comparing the cost of credit available under different types of agreements.

Annual Percentage Rate. How much a loan costs annually. The APR includes the interest rate, points, broker fees and certain other credit charges a borrower is required to pay.

Annual Percentage Rate. The cost of credit expressed as a yearly rate. The annual percentage rate is often not the same as the interest rate. It is a percentage that results from an equation considering the amount financed, the finance charges, and the term of the loan.

See Annual Percentage Rate.

Annual percentage rate. Where interest on loans is expressed as other than a yearly rate

Annual Percentage Rate. One of the most frequently used pieces of jargon used in relation to a credit card. APR refers to the full annual cost of your credit card (it is also used in relation to mortgages, overdrafts and personal loans). The APR includes all the extra charges you have to pay, such as a higher interest rate after an introductory rate, and is meant to help you compare one financial product with another. In relation to a credit card, the apr tells you the annual cost of carrying a balance on any particular card.

see 'Annual Progress Report'.

Annual Percentage Rate. The cost of credit expressed as a percentage and as a yearly rate is termed as annual percentage rate, or APR in short. The percentage will be calculated keeping into consideration the total amount financed, the finance charges, and the term of the loan. APR is a very important tool for comparison of auto loans.

It is the combination of the rate of interest and the other charges that are included in the loan. Expressed in terms of percentage, APR is a very important method of comparing different auto finance deals.

Annual Percentage Rate. The amount of interest you will be expected to pay, should you borrow on your credit card. APRs show the cost of borrowing on a standard basis so you can compare the APR of one credit card provider with another and compare the cost of credit cards with other types of borrowing.

(Annual Percentage Rate) The standard way of describing the cost of loans, overdrafts and credit cards as required by the Consumer Credit Act 1974. It includes any charges as well as interest.

Annualized Percentage Rate, or APR, is the cost to a given loan, including interest and all added costs associated to the loan, over a calendar year, expressed as a percentage. The APR would equal the interest rate if there is no additional cost to a given loan and if the interest is calculated only once a year. NOTE: The APR allows for the comparison between loans and is a standard in the industry, It provides a fair comparison between similar financial products.

Annual Percentage Rate. On some mortgages the APR is higher than the actual mortgage rate.

Annual Percentage Rate. A measure of the cost of credit, expressed as a yearly rate. It includes interest as well as other charges. Because all lenders follow the same rules to ensure the accuracy of the annual percentage rate, it provides consumers with a good basis for comparing the cost of loans, including mortgage plans.

Annual percentage rate. A measure of how much interest credit will cost you, expressed as an annual percentage.

Annual Percentage Rate – How lenders state the interest rate on a loan. The lower the APR, the lower the amount of interest you'll pay.

Annual percentage rate. The interest rate used by all mortgage lenders that enables you to compare rates.

Annual percentage rate. The APR of loans is calculated in a standardized way that takes fees into account, making it easier to compare loans. Unfortunately, in mortgages, the APR is of limited value, since by law lenders can omit some fees, rendering meaningful comparisons difficult.

Annual Percentage Rate. The cost of credit over a full year. The law requires lenders to express financing terms of the APR.

Annual Percentage Rate. APR reflects the interest rate charged on the loan plus prepaid finance charges such as points and financing costs you pay in obtaining the loan.

Annual Percentage Rate. The cost of credit, expressed as a yearly rate. APR is generally not the same as the contract interest rate.

Annual Percentage Rate. The cost of your credit as a yearly rate. It takes into account interest, points, loan origination fee, etc. It is a good basis for comparing the cost of various loan programs, since all lenders are required to use the same guidelines in determining APR.

Annual Percentage Rate. Also known as effective annual rate, is used to put investments with varying interest compounding periods (daily, monthly, semiannually) on a common basis. It is computed as follows: APR = (1 + r/m) - 1.0 where = the stated, nominal, or quoted rate, and = the number of compounding periods per year.

Annual Percentage Rate. This is calculated using a set formula and is the rate of interest charged on a loan. It was introduced to allow comparison between lenders.

Annual Percentage Rate. A calculated rate of interest for a loan over its projected life (the term of the loan). This rate includes the interest, all points (which are considered prepaid interest), mortgage insurance, and other charges associated with making the loan that the lender collects from the borrower. The APR is calculated by a standard formula that all lenders should use.

Annual Percentage Rate. An expression of the relationship of the total finance charge to the total amount to be financed as required under the federal Truth-in-Lending Act. Tables available from any Federal Reserve bank may be used to compute the rate, which must be calculated to the nearest one-eighth of 1 percent. Use of the APR permits a standard expression of credit costs, which facilitates easy comparison of lenders.

Annual Percentage Rate. The yearly percentage rate of the finance charge. It is not unusual for credit card companies to change an interest rate especially if tied to other interest rates such as a prime rate or Treasury Bill rate. This is referred to as a variable rate. If an interest rate is locked in at a specific rate, it is referred to as a fixed-rate.

Annual Percentage Rate. The cost of credit on a yearly basis, expressed as a percentage. Required to be disclosed by the lender under the federal "Truth in Lending Act", otherwise known as Regulation Z. This includes up-front costs (pre-paids) to obtain the loan, and therefore, is usually a higher rate than the interest rate (note rate) in the mortgage Fee's not included are: title insurance, appraisal, and credit report.

ANNUAL PERCENTAGE RATE. The cost of a loan, expressed as a yearly rate, which reflects not only interest charges, but also all other charges imposed directly or indirectly by the lender as a cost of obtaining the loan (for example, points and mortgage insurance premiums).

Annual Percentage Rate. The interest payable on what you've borrowed is added up along with other charges (e.g. arrangement fees) and then expressed as an annual rate of charge. The APR helps you compare the true cost of borrowing, for example for a mortgage. The APR takes into account all fees and charges applied to the mortgage as well as the monthly payments over the life of the loan.

Annual Percentage Rate. The cost of borrowing money or the interest paid on deposit accounts, expressed as a percentage per year.

Annual percentage rate-Factors in all of the fees and points that the lender charges to originate and close your loan. This is a more accurate reflection of what your costs will be as amortized over the life of the loan.

The interest charge based on interest payable over the loan's duration, plus the entire amount of associated fees.

'Annual Percentage Rate'. Interest rates can be presented in a variety of ways. APR shows what an interest rate works out over a year, including interest charges and arrangement fees which makes it easier to compare one rate with another

Annual Percentage Rate. The actual average interest rate calculated by using a standard form. APR shows the true cost of the loan. This yearly rate includes loan fees, such as interest, points, mortgage insurance, and other related fees attributed to the loan.

Abbreviation for the 'Annual Percentage Rate' figure which indicates the total amount of interest that will be paid over the whole term of the loan.

Annual Percentage Rate. The rate of interest charged annually on credit, expressed as a percentage.

Annual Percentage Rate. a measurement of the full cost of a loan. It includes interest on the principal plus loan fees expressed as a yearly percentage rate. All lenders must apply the same rules in calculating the APR, so looking at this number is a quick, easy and fair method to compare lenders (mortgagees) and the costs of their loan(s).

Annual Percentage Rate. The APR for your home loan is an annual calculation that includes the interest rate quoted by your mortgage company plus additional home loan costs such as origination fees and points. The important thing to keep in mind about your loan's APR is that it will be higher than advertised interest rates because of these additional factors.

Annual Percentage Rate. A measurement used to compare different loans offered by competing lenders, which takes into account both the interest rate and closing fees. Unlike an interest rate, an APR gives you a bigger picture when shopping for the best deal on a loan. An APR lets you see the total cost of a mortgage, including closing fees and lender points over the life of a loan - not just the interest due. Even though lenders are required by law to show a loan's APR, they don't all use the same fees in their calculation, skewing the comparison. So always check to make sure that the APRs you are comparing include similar fees.

Annual Percentage Rate. Required to be furnished to the borrower by Federal law, the APR has no bearing upon the homebuyer's monthly payment and is typically somewhat higher than the stated mortgage rate.

The "Annual Percentage Rate" is a yearly rate of interest that includes fees and costs paid to acquire the loan. Lenders are required by law to disclose the APR, and the rate is used to compare various loans available, making even simple interest and compound interest loans comparable.

Annual percentage rate. The interest rate borrowers pay on a loan. Most of a loan's upfront fees are factored into the APR. Calculating the APR on a credit card can be a tricky business, however. Grace periods and late fees can have a dramatic affect on your APR.

The annual interest cost of a lease when all payments, down payments, and documentation fees are included. Computed in accordance with the US Government's Regulation Z for compound interest.

Stands for 'annual percentage rate' and is a percentile figure representing the total amount of interest to be paid over the term of the loan, including any additional fees that might be imposed by the lender.

Annual Percentage Rate. The cost of credit for one year expressed as a percentage. Also the amount earned on savings or investments expressed as a percentage.

Annual Percentage Rate. The APR shows the cost of a mortgage loan by expressing it in terms of a yearly interest rate. The APR is often slightly higher than the published interest rate because it takes into account the financing of closing costs or pre-paid percentage points.

Annual percentage rate. The cost of a loan, on a yearly basis, expressed in terms of a percentage.

Annual Percentage Rate. The measurement of the full cost of a loan including interest and loan fees expressed as a yearly percentage rate. Because all lenders apply the same rules in calculating the annual percentage rate, it provides consumers with a good basis for comparing the cost of different loans.

Annual Percentage Rate. The effective rate taking into account compounding and other fees. The true cost of borrowing.

Annual percentage rate. Annual interest rate expressed as a percentage of the loan balance .

Annual Percentage Rate. Under the Truth-In-Lending Regulation, the APR is considered the true rate of interest charged for the loan. The APR includes the quoted interest rate on the loan plus all additional service and finance charges associated with the loan.

Annual Percentage Rate. The total cost of your loan expressed as a percentage of interest rate.  The federal Truth-in-Lending requires it to be quoted.

Annual Percentage Rate. A yearly, expressed rate that gives the total cost of the loan. This is very useful for comparing different loan offers.

Annual Percentage Rate. This is the rate of interest which represents the true cost of a loan (including mortgages) as it takes into account not only the basic rate of interest charged on the loan but also all the other related fees and charges over the course of the loan term.

Annual Percentage Rate. The interest cost of a loan divided by the amount borrowed.

Annual Percentage Rate. This percentage shows the actual cost of a mortgage as a yearly rate and includes the loan rate, points and other fees. Because it includes all finance charges involved with borrowing money, the APR will be higher than the interest rate on the loan.

Annual percentage rate. The interest of a mortgage based on a yearly rate.

Annual Percentage Rate. The total amount of the finance charge--including interest, points and all loan fees (ie; escrow, processing, etc.) - calculated as a percentage of the borrowed amount and expressed as a yearly rate.

The annual cost of a loan to a borrower. The APR is expressed as a percentage of the loan amount and may include fees and other charges.

Annual Percentage Rate. The real annual cost of a loan, such as a credit card bill, which includes fees, charges and interest. This can be higher than the interest-only rate.

Annual Percentage Rate. To make it easier for consumers to compare mortgage loan interest rates, the federal government developed a standard format called an "Annual Percentage Rate" or APR to provide a measure of the cost of credit for comparison shopping purposes.

The interest rate reflecting the cost of a mortgage as a yearly rate. The APR provides home buyers with the ability to compare different types of mortgages based on the annual cost of each.

Annual percentage rate. Source: Federal Reserve Bank of Cleveland Definition: The cost of credit on a yearly basis expressed as a percentage. Source: Federal Reserve Bank of Minneapolis Definition: The cost of credit on a yearly basis expressed as a percentage.

Annual Percentage Rate. The cost of a mortgage expressed as a yearly rate. This percentage takes into account interest, points, origination fees, and mortgage insurance, so it will be slightly higher than the interest rate on the loan.

Annual Percentage Rate. Appraisal Arm's Length Transaction

Annual Percentage Rate. This states the total annual cost of a mortgage expressed by the actual rate of interest paid.

Annual percentage rate, a standardised rate to compare more accurately between different cards. APR includes all fee's and costs. APR means the annual percentage rate of charge for credit determined in accordance with the Total Charge for Credit Regulations.

APR stands for the Annual Percentage Rate. It is the interest rate charge on your loan. This figure takes into account the interest payable over the term of the loan and all other related charges or fees.

Annual Percentage Rate. A yearly interest rate that includes fees and costs paid to obtain the loan. Lenders are required by law to disclose this interest rate. The rate is calculated in a standard way, taking the average compound interest rate over the loan term, so borrowers can compare loans. In mortgages, it is the interest rate of a mortgage when taking into account the interest, mortgage insurance, and certain closing costs including points paid at closing. There is no APR in an automobile lease; instead, the cost of money is expressed as the money factor.

Adverse Credit Arrangement Fee Arrears

APR stands for Annualised Percentage Rate. A lender is always required to quote the APR rate when advertising a loan / borrowing rate. The lender will usually also quote the headline rate, and the APR next to it. The headline rate states the rate of interest you pay per month or per year on the mortgage, but the APR calculates the total amount of interest that will be paid over the whole term of the loan. It should also take into account any charges which the borrower has to pay during the loan period. The APR is therefore always higher than the headline rate, and is a realistic representation of the cost of the mortgage over time.

It assumes certain fees and likely costs in connection with a mortgage and combines this amount with the interest rate of the mortgage product. The APR is intended to help you compare the terms offered by different lenders. An APR must be quoted by lenders on each mortgage product, in addition to the actual rate of interest for the mortgage product.

Annual Percentage Rate. This is the cost to you on a yearly basis expressed as a percentage, added to a monthly payment.

ANNUAL PERCENTAGE RATE. A rate which represents the relationship of the total finance charge (interest, loan fees, points) to the amount of the loan.

Annual Percentage Rate. The annual percentage rate or “APR” is the amount of money that is spent on credit over a years time. The duration of the loan, the finance charges, and amount financed are all used to factoring the percentage. This is different that the interest rate because it includes all of the expenses in obtaining the loan. The lender is required by law to disclose the annual percentage rate to the consumer.

Annual Percentage Rate. This is the total cost of the loan in terms of a yearly percentage of the amount you borrow. It takes into account interest payments, repayments of capital and all other charges for arranging the loan. It is based on projections for the payments applicable during the term of a mortgage expressed as a rate of interest. It allows you to compare like with like when weighing up offers from different lenders.

This stands for 'Annual Percentage Rate' which is an interest rate intended to reflect the true cost of lending. It is always higher than the interest rate as it takes into account how the interest is paid and the costs of arranging the loan. All lenders must now quote an A.P.R. and it is a useful way for you to compare different sources of finance.

Annual Percentage Rate. The annual percentage rate is a measure of the cost of credit expressed as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account points and other credit costs. The APR helps the borrower compare different types of mortgages based on the annual cost for each loan.

Annual Percentage Rate. Developed to provide you with a clearer description of how much your loan cots, the APR is the true cost of your credit stated at an annual, or yearly rate. The APR also takes into account any costs associated with your loan other than the interest rate. These may include origination fees, loan discount points, and private mortgage insurance premiums.

Annual percentage rate. The cost of a mortgage stated as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage because it takes into account points and other closing costs. The APR allows home buyers to compare different types of mortgages based on the annual cost for each loan.

Annual percentage rate. The overall cost of a mortgage, including interest, mortgage insurance, and loan origination fee (points), stated as a yearly percentage, thus allowing buyers to compare different types of mortgages based on the associated annual finance charges; the APR

Annual Percentage Rate. The measure of how much a loan will cost in interest per year. It takes into account all charges, such as valuation fees on a mortgage or any annual charges on a credit card, so it is the best measure of the total cost of a loan.

Annual Percentage Rate. The Annual Percentage Rate (APR) is a yearly rate of interest that includes all of the fees and expenses paid to acquire the loan. A term used in the Truth-in-Lending Act to represent the percentage relationship of the total finance charge to the amount of the loan.

Annual Percentage Rate. The interest rate that includes the mortgage rate along with fees, insurance and other costs involved in obtaining the loan.

Annual Percentage Rate. The cost of a mortgage expressed as a yearly rate. This percentage takes into account interest, points, origination fees, and mortgage insurance, and other fees. The APR is usually higher than the interest rate on the loan.

Annual Percentage Rate (Cost of credit disclosed in the form of rate).

ANNUAL PERCENTAGE RATE. All finance charges, interest, points, and other fees computed over the term of the loan. APR must be disclosed to the borrower as a result of the Federal Government's "Truth In Lending" Laws.

annual percentage rate. The effective cost of a home loan stated as a yearly rate taking into account such items as interest, mortgage insurance, most closing costs, discount points and loan origination fees. Disclosure of APR is required by the Truth-In-Lending Law.

This is simply your effective interest rate, calculated by taking your actual interest rate and accounting for allt he loan related closing costs, as expressed over the full term of your loan (i.e. 30 years). It was created to help borrowers better compare interest rates offered by lenders.

Annual Percentage Rate. The cost of credit or a loan expressed as a simple annual percentage. The Federal Truth In Lending Act requires all consumer credit agreements and loans to disclose the APR in large, bold type. On a mortgage, the APR is usually higher than the stated interest rate, since it includes points and other charges.

Annual percentage rate. A yearly rate of interest. Lenders are required by law to disclose the APR. The rate is calculated in a standard way, taking the average compound interest rate over the term of the loan, so borrowers can compare loans.

Annual percentage rate. is the cost of credit expressed as a yearly rate. The APR includes the interest rate, points, broker fees, and certain other credit charges that the borrower is required to pay.

Annual Percentage Rate. The nominal interest rate for one year.

Annual Percentage Rate. total cost of the loan, including interest and other finance charges, expressed as a yearly rate.

Annual Percentage Rate. This aims to estimate the real cost of borrowing so that you can compare different products on the market.

The total yearly cost of a loan stated as a percentage of the loan amount: Includes the base interest rate, primary mortgage insurance, and loan origination fee (points). Use the APR to compare various loan programs, as all lenders are required to use the same guidelines in determining APR.

Annual Percentage Rate. A method to make differing mortgage rates easily comparable by calculating the total cost of a loan by including all costs, interest charges and arrangement fees.

Annual Percentage Rate. The rate a borrower actually pays, including interest, points and loan origination fees when expressed as a percentage rate per year. On an adjustable rate mortgage, assumption is made that the loan's index remains the same as its initial value.

Measurement of interest rate that expresses the cost of a mortgage as a yearly rate on the loan balance, assuming that the loan is held for its full term. On an adjustable rate mortgage, assumption is made that the loan's index remains the same as its initial value.

Annual Percentage Rate. The TOTAL interest rate of a mortgage, including the stated loan interest as well as any upfront interest paid in securing the loan. The APR will invariably differ from the mortgage rate quoted due to the inclusion of these items.

Automatic Picture Replacement. A Scitex term describing a feature in their systems which allows a low resolution F.P.O. image to be automatically replaced by its high resolution scan when being output.

AIR PURIFICATION RESPIRATOR. A device worn to filter particulates and contaminants from the air. An APR should only be worn in atmospheres where the type, size, and quantity of the contaminants are known and sufficient oxygen is present.