Blog tagged as Mortgage Math

Truth-In-Lending snapshot More commonly called APR, Annual Percentage Rate is a government-mandated mortgage comparison tool. It measures the total cost of borrowing over the life of a loan into dollars-and-cents. A loan's APR is printed in the top-left corner of the Federal Truth-In-Lending Disclosure, as shown above. When...
12.07.11 04:03 PM - Comment(s)