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APR vs. Interest Rate | What’s the Real Difference?

YouTubeVirginia MortgageBrokers

APR vs. Interest Rate | What’s the Real Difference?

APR and interest rate are often confused, but understanding the difference can save you money. In this video, I explain what APR includes, how it differs from the interest rate, and why APR gives a clearer picture of the true cost of a mortgage. Learn how to compare loan offers the right way before you decide. #APRvsInterestRate #mortgagebasics ...

5 views11 hours ago

Annual percentage rate Calculation

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