Mortgage APR Calculator

Calculate the true APR of your mortgage including all fees.

Calculator Inputs

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

About This Calculator

Calculate the true APR of your mortgage including all fees. 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.

Mortgage APR Formulas

APR Calculation

APR = 2 × n × (Total Interest + Fees) / [Principal × (n + 1)]
  • n = Number of payments
  • Fees = Points, origination, closing costs

What's Included in APR

  • • Interest rate on the loan
  • • Discount points
  • • Origination fees
  • • Mortgage broker fees
  • • Closing costs

Example

$300,000 loan at 6% with $9,000 in fees:

  • • Interest rate: 6.000%
  • • APR with fees: ~6.25%
  • • APR helps compare loan offers accurately

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.