APR Calculator

Estimate apr with transparent assumptions.

Choose an APR modelUse general loan fees or mortgage-specific price, points, and PMI.

2 options

Loan Amount

Loan Term

years

Interest Rate

Loaned Fees

Upfront Fees

Compound

times/year

Pay Back

payments/year

Additional loan term

months

APR7.5038%

Amount financed: $10,200.00; upfront out-of-pocket fees: $0.00; payment every month: $311.08; total interest and fees: $1,198.87. The selected operation controls which fields and formula are used.; compound frequency: 12/year; pay-back frequency: 12/year; additional loan term: 0 months. Loan Amount: $10,000.00; Down Payment: $0.00; Monthly Pay: $310.30; Total of 36 Payments: $11,170.94; All Payments and Fees: $11,370.94.

Estimate based on the values shown

Formula checkedSolves the monthly discount rate that equates scheduled payments and financed costs to net loan proceeds, then annualizes it. Converts the entered nominal rate between compounding and payment frequencies. Includes complete financed, cash, payment-count, and fee totals.

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Useful next steps

%Interest RateEstimate interest rate with transparent assumptions→$LoanEstimate loan with transparent assumptions→$PaymentEstimate payment with transparent assumptions→