Sentences with phrase «various fees associated with the loan»

The APR of a loan can vary significantly from the interest rate because of various fees associated with the loan, including origination fees and administration fees.
The APR takes into account the various fees associated with the loan, which is why it is often higher than the interest rate.

Not exact matches

Mortgage loan closing costs: Additionally, though you may cut the cost of your mortgage by swapping into a cheaper home and refinancing, there are various closing costs and fees associated with securing new mortgage terms that may cancel out those savings.
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