APR Calculator
The banking costs of a loan involve more than just interest rates. When applying for a loan, it is common for lenders to charge fees or points in addition to interest. Hence, instead of merely focusing on interest, lenders should pay more attention to the annual percentage rate, or real APR, when considering the actual cost of a loan. The calculators below help reveal the true cost of a loan through the real APR.
Modify the values and the results will update automatically.
Loan Details
$
years
months
%
Fees
$
$
Use this calculator for mortgage loans in the United States.
Mortgage Details
$
%
years
%
Fees & Insurance
$
$
/year