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The difference between APR and Interest Rate
UPDATE!!! Check out how to calculate APR and use it when you shop a loan!! https://youtu.be/ZzjK-NIiYhg Why is my “annual percentage rate” (aka APR) higher than my interest rate?⁣⁣⁣ ⁣⁣⁣ This is a frequent question I get asked during the mortgage process, and the answer to this is rather confusing! ⁣⁣⁣ ⁣⁣⁣ The ...
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