Sentences with phrase «annual cost of borrowing money»
The interest rate is the annual cost of borrowing money.
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This is the cost of borrowing the money from a lender, expressed as an annual percentage.
The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage.
Annual Percentage Rate (APR)-- This is a broader measure of your cost for borrowing money.
An annual percentage rate (APR) is a broader measure of the cost to you of borrowing money.
As such, the annual interest rate on a loan or other form of debt is a percentage that describes the yearly cost of borrowing money.
The APR is more representative of the total annual cost that you'll end up paying for borrowing money.
Annual Percentage Rate (APR)-- This is the annual rate charged for borrowing money, and is expressed as a percentage that represents the yearly cost of funds over the term of theAnnual Percentage Rate (APR)-- This is the annual rate charged for borrowing money, and is expressed as a percentage that represents the yearly cost of funds over the term of theannual rate charged for borrowing money, and is expressed as a percentage that represents the yearly cost of funds over the term of the loan.
The origination fee plus the annual percentage determines the total cost of borrowing money.
And then there's the money: Paying interest or annual fees or other costs of borrowing just to add some cards to your credit portfolio is almost never a good idea.
The annual percentage rate is the cost of borrowing money from the lender, shown as a percentage of your mortgage amount.
• Because the cost of a mortgage is calculated as an annual interest rate, and you are borrowing the money for half as long, you will much less to borrow money for 15 years — usually less than half of what you'd pay over 30 years.
APR stands for Annual Percentage rate, and it tells you how much it will cost you to borrow money on top of the actual loan itself.
Many people — not just women — make the mistake of only focusing on mortgage rates and don't look at the annual percentage rate (APR), which is the true cost of borrowing money.
The APR, or annual percentage rate, is the rate at which interest is charged on the credit you use — it is essentially the cost of borrowing money from the card issuer.
The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage.
The annual percentage rate includes the fees tacked on to the loan so it's the actual cost of borrowing the money.