APR Calculator

Calculate annual percentage rate including fees and costs.

Calculator Inputs

Enter your details and click "Calculate" to see your results

About This Calculator

Calculate annual percentage rate including fees and costs. This calculator helps you make informed financial decisions by providing accurate calculations and detailed breakdowns.

Use this tool to plan your finances, compare options, and understand the long-term impact of your financial decisions.

APR Formulas & Equations

APR Formula

APR = ((Fees + Interest) / Principal / n) × 365 × 100
  • Fees = Total loan fees and costs
  • Interest = Total interest paid over loan term
  • Principal = Loan amount
  • n = Number of days in loan term

APR vs Interest Rate

APR = Interest Rate + (Fees / Loan Amount) × (1 / Term in Years)

APR is always higher than the interest rate because it includes fees and costs.

Example

$200,000 loan at 6% with $5,000 in fees for 30 years:

  • • Interest rate: 6.000%
  • • Fee impact: ~0.167% annually
  • • APR: ~6.167%

Frequently Asked Questions

How accurate are these calculations?

Our calculators use industry-standard formulas and are designed to provide accurate estimates. However, actual results may vary based on your specific situation and lender terms.

Can I trust these results?

Yes, our calculations are based on proven financial formulas. However, always consult with a financial advisor for personalized advice.