Effective Percentage Rate (EPR)
What is it? Similar to the Annual Percentage Rate (APR), the Effective Percentage Rate (EPR) measures the cost of a mortgage stated as a yearly rate and includes such items as interest, mortgage insurance, and loan origination fee (points). The difference between theAdded By: Patrick
The Effective Percentage Rate (EPR) definition has been viewed 35 Time(s)!
Send To Friends!
If you'd like to send the Effective Percentage Rate (EPR) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Effective Percentage Rate (EPR). If you need any more information on this term, please don't hesitate to contact us.