APR vs. interest rate: What’s the difference?
The APR and interest rate on your mortgage aren’t the same. Here’s what to pay attention to when you compare costs.
5 min read
Feb 24, 2025
Kacie Goff
Personal Finance Contributor
Highlights
- Ventura, CA- based personal finance and insurance writer
- Founder of Jot Content, a full-service agency
Experience
Kacie Goff is a personal finance and insurance writer with over five years of experience covering personal and commercial coverage options. She's also dedicated to besting her brother, a financial advisor, with insider insight into the personal finance industry and spends hours researching the latest rates and regulations.
Goff founded Jot Content, a full-service content agency, in 2018. Through Jot, she contributes web content, blogs, case studies, press releases and more to brands in the finance, insurance, health and wellness, continuing education, healthcare and marketing industries.
She lives in Ventura, CA, with her husband and dingo-lookalike dog, Babou. When she’s not writing, you can find Kacie practicing yoga, working in her garden or scoping out a new happy hour.
Kacie's latest articles
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How to manage a working capital loan
Follow these steps to save money and avoid defaulting on your working capital loan.
7 min read Feb 12, 2025 -
What is the average down payment for first-time homebuyers?
The average down payment for first-time homebuyers is considerably less than the oft-quoted 20 percent down payment requirement.
7 min read Feb 12, 2025 -
Pros and cons of short-term business loans
Despite the costs, short-term business loans have certain advantages.
6 min read Feb 12, 2025 -
What is a shared appreciation mortgage?
A shared appreciation mortgage is a unique home financing arrangement.
3 min read Feb 12, 2025 -
Does a HELOC affect your credit score?
You bet — in ways both good and bad. Here’s how to judge its impact.
9 min read Jan 30, 2025 -
What is a deed of trust?
It’s like a mortgage, only it makes foreclosure a lot easier. Homebuyer beware.
6 min read Jan 28, 2025 -
How bankruptcy affects your mortgage
Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications — including, potentially, for your home. Exactly what happens to your mortgage [...]
4 min read Jan 17, 2025