---
title: What is APR?
description: An Annual Percentage Rate (APR) is the annual rate charged by your lender on borrowed monies. An APR is shown as a percentage and represents the actual yearly cost of the money you’ve borrowed over th
---

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# What is APR?

An Annual Percentage Rate (APR) is the annual rate charged by your lender on borrowed monies. An APR is shown as a percentage and represents the actual yearly cost of the money you’ve borrowed over the full term of the loan. The APR will usually take into account any fees that have been added to your loan and it will not include any compounding. 

Dashly will show you this information within the mortgage section of your dashboard.

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