Ask a New Question

Question

When buying a new house, is APR the same thing as annual interest rate?
17 years ago

Answers

Ms. Sue
APR means the annual percentage rate. Your mortgage payments are based on the APR -- such as 5.5% interest on your mortgage.
17 years ago

Related Questions

- Anurag is buying a house for $100,000 and needs a mortgage loan. Bank A wants him to repay the loa... You are buying a new house and want to put up a fence so that the children can play safely. The yard... Dylan is buying a house and looking at the blueprints to make his decision. if each 4 cm in the scal... The Fritzes are buying a house that sells for ​$.196,000 The bank is requiring a minimum down paymen... Mr Young is buying a house. He can spend no more than 29 percent of his income on monthly house paym...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use