What is an APR? The annual percentage rate, or APR, is how much you'll pay in interest and other fees when you get a mortgage from a lender to buy a home. APR can also be considered the total cost for a debt over a one-year period.
What is an APR? The annual percentage rate, or APR, is how much you'll pay in interest and other fees when you get a mortgage from a lender to buy a home. APR can also be considered the total cost for a debt over a one-year period.