DGC  Financial Services

Accountants and Financial Consultants

accountants

Home Payroll Articles About Us Contact

Home Page
About Us
Accounting
Book-Keeping
Business Support
Computer Records
Payroll
Sage Consultancy
Starting Up
Tax Returns
Vat

 

 

Annual percentage rate (APR)

What's the meaning of Annual percentage rate (APR) ?

 

Annual percentage rate (APR) :
The annual percentage rate is a rate that reflects the total cost of your mortgage loan expressed in terms of an annual interest rate. 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.

 

Interpreting jargon like Annual percentage rate (APR) can be very daunting. Hopefully we have helped you to understand Annual percentage rate (APR) a little better. Do visit DGC Services again.

 

Perhaps you'd like to try Monthly rental income if you've mastered Annual percentage rate (APR)

 

 


What Not to do when taking a mortgage or loan

Don’t fall for a loan from a door-to-door salesman or home improvement contractor who comes to your home. Don’t take out a loan on your property for anyone else unless you can afford to lose that money forever. Don’t decide whether you can afford a loan by the monthly payments alone. Don’t sign anything that has blank spaces. 

If you’re like most homeowners, your house is the most important and valuable thing you own. The money you’ve put into your home can enable you to borrow money with a home equity loan. Your home secures the loan—unfortunately, you can lose your home if you are unable to make the loan payments.

Car Finance
Children Savings Accounts
Insurance
Home Improvement Loans
Learn Book Keeping
Mortgage Loan Glossary
Payday Loans
Solicitors Birmingham
Working from Home