Unlike
an
interest
rate,
the
Annual
Percentage
Rate
(APR)
for
a loan
gives
you
a bigger
picture
when
shopping
for
the
best
deal
on
a loan.
The
APR
lets
you
see
the
total
cost
of
a mortgage,
including
closing
fees
and
points,
over
the
life
of
the
loan
- not
just
the
interest
due.
Enter
the
following
information
to
calculate
the
actual
APR
for
a loan:
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