APR vs. Interest Rate: What is APR?

15/10/2024 2 min

Listen "APR vs. Interest Rate: What is APR? "

Episode Synopsis

Tip Tuesday, 2-4 Min Real Estate Tips

In this short video, Dana and Ryan break down the key differences between **APR (Annual Percentage Rate)** and the **interest rate** when it comes to home loans. Understanding these two terms is crucial for homebuyers as they impact the total cost of borrowing.

Connect with Dana: https://danawilson.exprealty.com/holp/app

Connect with Ryan: https://www.facebook.com/thegilliamteam

This is a pre-recorded video. The information given in this video and/or any of our videos is not intended to promote the buying and/or selling or abstaining from buying and/or selling of any real estate. The primary purpose of this podcast is to educate and inform on a very specific market. This information should not be construed as advice. Please consult your attorney, CPA, real estate agent, or wealth manager directly in regard to any specific sale, purchase, or financial decisions you make based on the information provided in our videos.

More episodes of the podcast Arizona Real Estate Radio