Knowing the difference between interest rates and annual percentage rates could save you thousands on your mortgage. Here’s what you need to know.

The Difference Between APR and Interest Rates

Featuring Mike Radi Branch Manager (NMLS 188397), Andre Kwan Production Manager(NMLS 188589), Erik Sandstom Sr. Loan Originator (NMLS 805941), Kenia Costa Sr. Loan Originator (NMLS 536257), Luis Carranza Sr. Loan Originator (NMLS 502320), Mike Fransisco Loan Originator (NMLS 159895) Views do not represent Hilltop Holdings, PlainsCapital or subsidiaries. PrimeLending (NMLS 13649)Equal Housing Lender. www.primelending.com

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The Difference Between APR and Interest Rates

The Difference Between APR and Interest Rates