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What is AAPR?

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What is AAPR?

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AAPR is a term designed to show borrowers a standard comparison of different mortgages from different lenders and allow borrowers to make a more informed choice. With many lenders, the annual interest rate applicable to your home loan is just part of the cost. A comparison rate not only factors in the annual interest rate, but also all ascertainable ongoing, up-front and other fees. The comparison rate gives you an idea of the costs for a particular loan so you can compare your home loan with others. For more detailed information please call us today on 0434 678 799.

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