N****E 发帖数: 1474 | 1 APR allows you to evaluate the cost of the loan in terms of a percentage. If
** your loan has a 10% rate, you’ll pay $10 per $100 you borrow annually. All
** other things being equal, you simply want the loan with the lowest APR.
APR Limitations
** Unfortunately, all other things are not equal. APR can include more than
just the interest cost of a loan. On a mortgage, APR might include Private
Mortgage Insurance, processing fees, and discount points. There are other
fees and charges tha |
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