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Testimonial:
"Superloanbroker.com got me the lowest interest rate and qualified me so quickly I was amazed. They answered all my questions and made me feel so comfortable and confident. The next time I need a Las Vegas Mortgage, I 'am calling Evofi One" Sam - Las Vegas, NV
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What is an APR, and why is it so important?
Evaluating competing mortgage deals can be confusing. One tool that can help is the Annual Percentage Rate, or APR, which represents the total cost of credit, including fees, expressed as an annual rate. A loan with an interest rate that is percentage points below another loan may seem more attractive, but if it has high fees attached to it, the APR may show that the second loan may actually be more attractive over the term of the loan. So be sure to find out what the APR is on any potential loan -- by law, it’s part of the Truth in Lending disclosure—but remember to compare apples to apples.
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