The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points.

Ben Woolsey is a full-time Associate Editorial Director at Investopedia, focusing on financial products and services. He has worked in marketing, operations, and content management roles for banks ...

Interest Rate vs. APR When shopping for loans, you’ll see the term annual percentage rate (APR) alongside the interest rate, but they aren’t the same. Understanding the difference can help you ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up ...

Chances are you've received a credit card offer in the mail boasting a 0% APR and considered applying. The thought of no interest for a period of time is enticing, particularly if you want to ...

that 0% interest reverts to the card's standard interest rate on your remaining balance. Here's what to know about how 0% APR credit cards work, when they make sense to use and important details ...

Examples of typical costs for a $10,000 ... ¹[International graduate student with regular interest rate] The APR is calculated using the following assumptions: A loan is approved in the amount ...