Zillow Advice: Mortgage - whats the difference between APR and rate? whats the true rate? http://www.zillow.com/advice-thread/whats-the-difference-between-APR-and-rate-whats-the-true-rate/346930/ Zillow Advice | Zillow Real Estate The rate is what your ... http://www.zillow.com/advice-thread/whats-the-difference-between-APR-and-rate-whats-the-true-rate/346930/ The rate is what your payments will be based upon. APR is only for your information. APR is the addition of line 800 settlement costs computed over the amount of years of your loan term.  .... Happy funding, Rudi Sat, 24 Apr 2010 19:48:00 GMT http://www.zillow.com/advice-thread/whats-the-difference-between-APR-and-rate-whats-the-true-rate/346930/ 2010-04-24T19:48:00Z