fate, destiny, 1834, from Turkish qismet, from Arabic qismah, qismat portion, lot, fate, from root of qasama he divided.. From a nation of enthusiasts and conquerors, the Osmanlis became a nation of sleepers and smokers. They came into Europe with the sword in one hand and the Koran in the other: were they driven out of their encampment, it would be with the Koran in one hand and the pipe in the other, crying: 'Kismet! Kismet! Allah kehrim!' (God hath willed it!
In some areas, the annual percentage rate (APR) is the simplified counterpart to the effective interest rate that the borrower will pay on a loan. In many countries and jurisdictions, lenders (such as banks) are required to disclose the cost of borrowing in some standardized way as a form of consumer protection.
With a mortgage, you want to be more concerned about the annual percentage rate (APR) . The APR on a mortgage is a broad expression of the total annualized cost of borrowing the money. Included in the APR are your points, closing costs, broker fees, and other costs as well as your interest rate.The APR is more inclusive. The government has laws governing how the APR is determined, and this is the number you should look at when comparing different mortgage terms.ncluded in the APR are your points, closing costs, broker fees, and other costs as well as your interest rate. The APR is more inclusive. The government has laws governing how the APR is determined, and this is the number you should look at when comparing different mortgage terms.