Loans & Credit

APR Calculator

Estimate the annual percentage rate of a loan or mortgage after accounting for the stated interest rate and qualifying finance charges. Include financed fees, upfront fees, points, down payment, and PMI to compare the advertised rate with the broader cost of borrowing.

Loan Amount

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Interest Rate

, ,

Loan Term

years

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months

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Compound

Pay Back

Loaned Fees

Upfront Fees

House Value

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Down Payment

, ,

Interest Rate

, ,

Loan Term

years

, ,

Loan Fees

Points

PMI

$ per year

There was an error with your calculation.

Result

Real APR	5.219%
Amount Financed	$100,000.00
Upfront Out-of-Pocket Fees	$1,000.00
Payment Every Month	$1,060.66
Total of 120 Payments	$127,278.62
Total Interest	$27,278.62
All Payments and Fees	$128,278.62

Real APR	5.848%
Loan Amount	$280,000.00
Down Payment	$70,000.00
Monthly Pay	$3,038.74
Total of 120 Payments	$364,648.80
Total Interest	$84,648.13
PMI (0 months)	$0.00/month
Total PMI Payments	$0.00
All Payments and Fees	$367,648.80

Interest

Principal

Fees

№	BEGINNING BALANCE	INTEREST	PRINCIPAL	ENDING BALANCE
1	$100,000.00	$416.67	$643.99	$99,356.01
2	$99,356.01	$413.98	$646.67	$98,709.34
3	$98,709.34	$411.29	$649.37	$98,059.97
4	$98,059.97	$408.58	$652.07	$97,407.90
5	$97,407.90	$405.87	$654.79	$96,753.11
6	$96,753.11	$403.14	$657.52	$96,095.60
7	$96,095.60	$400.40	$660.26	$95,435.34
8	$95,435.34	$397.65	$663.01	$94,772.33
9	$94,772.33	$394.88	$665.77	$94,106.56
10	$94,106.56	$392.11	$668.54	$93,438.02
11	$93,438.02	$389.33	$671.33	$92,766.69
12	$92,766.69	$386.53	$674.13	$92,092.56
13	$92,092.56	$383.72	$676.94	$91,415.62
14	$91,415.62	$380.90	$679.76	$90,735.87
15	$90,735.87	$378.07	$682.59	$90,053.28
16	$90,053.28	$375.22	$685.43	$89,367.84
17	$89,367.84	$372.37	$688.29	$88,679.55
18	$88,679.55	$369.50	$691.16	$87,988.40
19	$87,988.40	$366.62	$694.04	$87,294.36
20	$87,294.36	$363.73	$696.93	$86,597.43
21	$86,597.43	$360.82	$699.83	$85,897.60
22	$85,897.60	$357.91	$702.75	$85,194.85
23	$85,194.85	$354.98	$705.68	$84,489.17
24	$84,489.17	$352.04	$708.62	$83,780.56
25	$83,780.56	$349.09	$711.57	$83,068.99
26	$83,068.99	$346.12	$714.53	$82,354.45
27	$82,354.45	$343.14	$717.51	$81,636.94
28	$81,636.94	$340.15	$720.50	$80,916.44
29	$80,916.44	$337.15	$723.50	$80,192.94
30	$80,192.94	$334.14	$726.52	$79,466.42
31	$79,466.42	$331.11	$729.55	$78,736.87
32	$78,736.87	$328.07	$732.58	$78,004.29
33	$78,004.29	$325.02	$735.64	$77,268.65
34	$77,268.65	$321.95	$738.70	$76,529.95
35	$76,529.95	$318.87	$741.78	$75,788.17
36	$75,788.17	$315.78	$744.87	$75,043.30
37	$75,043.30	$312.68	$747.97	$74,295.32
38	$74,295.32	$309.56	$751.09	$73,544.23
39	$73,544.23	$306.43	$754.22	$72,790.01
40	$72,790.01	$303.29	$757.36	$72,032.65
41	$72,032.65	$300.14	$760.52	$71,272.13
42	$71,272.13	$296.97	$763.69	$70,508.44
43	$70,508.44	$293.79	$766.87	$69,741.57
44	$69,741.57	$290.59	$770.07	$68,971.51
45	$68,971.51	$287.38	$773.27	$68,198.23
46	$68,198.23	$284.16	$776.50	$67,421.74
47	$67,421.74	$280.92	$779.73	$66,642.00
48	$66,642.00	$277.68	$782.98	$65,859.02
49	$65,859.02	$274.41	$786.24	$65,072.78
50	$65,072.78	$271.14	$789.52	$64,283.26
51	$64,283.26	$267.85	$792.81	$63,490.46
52	$63,490.46	$264.54	$796.11	$62,694.34
53	$62,694.34	$261.23	$799.43	$61,894.91
54	$61,894.91	$257.90	$802.76	$61,092.16
55	$61,092.16	$254.55	$806.10	$60,286.05
56	$60,286.05	$251.19	$809.46	$59,476.59
57	$59,476.59	$247.82	$812.84	$58,663.75
58	$58,663.75	$244.43	$816.22	$57,847.53
59	$57,847.53	$241.03	$819.62	$57,027.90
60	$57,027.90	$237.62	$823.04	$56,204.87
61	$56,204.87	$234.19	$826.47	$55,378.40
62	$55,378.40	$230.74	$829.91	$54,548.49
63	$54,548.49	$227.29	$833.37	$53,715.12
64	$53,715.12	$223.81	$836.84	$52,878.27
65	$52,878.27	$220.33	$840.33	$52,037.94
66	$52,037.94	$216.82	$843.83	$51,194.11
67	$51,194.11	$213.31	$847.35	$50,346.77
68	$50,346.77	$209.78	$850.88	$49,495.89
69	$49,495.89	$206.23	$854.42	$48,641.47
70	$48,641.47	$202.67	$857.98	$47,783.49
71	$47,783.49	$199.10	$861.56	$46,921.93
72	$46,921.93	$195.51	$865.15	$46,056.78
73	$46,056.78	$191.90	$868.75	$45,188.03
74	$45,188.03	$188.28	$872.37	$44,315.66
75	$44,315.66	$184.65	$876.01	$43,439.65
76	$43,439.65	$181.00	$879.66	$42,560.00
77	$42,560.00	$177.33	$883.32	$41,676.67
78	$41,676.67	$173.65	$887.00	$40,789.67
79	$40,789.67	$169.96	$890.70	$39,898.97
80	$39,898.97	$166.25	$894.41	$39,004.56
81	$39,004.56	$162.52	$898.14	$38,106.43
82	$38,106.43	$158.78	$901.88	$37,204.55
83	$37,204.55	$155.02	$905.64	$36,298.91
84	$36,298.91	$151.25	$909.41	$35,389.50
85	$35,389.50	$147.46	$913.20	$34,476.30
86	$34,476.30	$143.65	$917.00	$33,559.30
87	$33,559.30	$139.83	$920.82	$32,638.48
88	$32,638.48	$135.99	$924.66	$31,713.81
89	$31,713.81	$132.14	$928.51	$30,785.30
90	$30,785.30	$128.27	$932.38	$29,852.92
91	$29,852.92	$124.39	$936.27	$28,916.65
92	$28,916.65	$120.49	$940.17	$27,976.48
93	$27,976.48	$116.57	$944.09	$27,032.39
94	$27,032.39	$112.63	$948.02	$26,084.37
95	$26,084.37	$108.68	$951.97	$25,132.40
96	$25,132.40	$104.72	$955.94	$24,176.47
97	$24,176.47	$100.74	$959.92	$23,216.55
98	$23,216.55	$96.74	$963.92	$22,252.63
99	$22,252.63	$92.72	$967.94	$21,284.69
100	$21,284.69	$88.69	$971.97	$20,312.72
101	$20,312.72	$84.64	$976.02	$19,336.70
102	$19,336.70	$80.57	$980.09	$18,356.62
103	$18,356.62	$76.49	$984.17	$17,372.45
104	$17,372.45	$72.39	$988.27	$16,384.18
105	$16,384.18	$68.27	$992.39	$15,391.79
106	$15,391.79	$64.13	$996.52	$14,395.27
107	$14,395.27	$59.98	$1,000.67	$13,394.59
108	$13,394.59	$55.81	$1,004.84	$12,389.75
109	$12,389.75	$51.62	$1,009.03	$11,380.72
110	$11,380.72	$47.42	$1,013.24	$10,367.48
111	$10,367.48	$43.20	$1,017.46	$9,350.02
112	$9,350.02	$38.96	$1,021.70	$8,328.33
113	$8,328.33	$34.70	$1,025.95	$7,302.37
114	$7,302.37	$30.43	$1,030.23	$6,272.15
115	$6,272.15	$26.13	$1,034.52	$5,237.62
116	$5,237.62	$21.82	$1,038.83	$4,198.79
117	$4,198.79	$17.49	$1,043.16	$3,155.63
118	$3,155.63	$13.15	$1,047.51	$2,108.13
119	$2,108.13	$8.78	$1,051.87	$1,056.25
120	$1,056.25	$4.40	$1,056.25	$0.00

Input parameters

Loan Amount: The principal amount borrowed before interest and fees.
Interest Rate: The annual percentage rate used in the calculation.
Loan Term: The length of time allowed to repay the loan.
Compound: How often interest is added to the balance.
Pay Back: Repayment frequency.
Loaned Fees: Fees added to the financed balance.
Upfront Fees: Fees paid at closing rather than financed.
House Value: Property value used for mortgage calculations.
Down Payment: The amount or percentage paid upfront.
Loan Fees: Mortgage fees included when estimating APR.
Points: Prepaid interest charged as a percentage of principal.
PMI: Private mortgage insurance cost.

Understanding the results

APR: Annualized borrowing cost including applicable fees.
Periodic payment: Scheduled repayment amount.
Finance charge: Interest and included borrowing fees.
Amortization schedule: Payment and balance details.

Calculation principle

APR is the discount rate that equates the borrower’s net proceeds with all scheduled payments and included finance charges.

Read and validate the entered values.
Convert percentages and time periods into compatible units.
Apply the formulas below and present the calculated results.

Formulas

Net proceeds Net = Loan amount − upfront finance charges

APR condition Net = Σ Payment_k / (1 + APR_periodic)^k

Annualized APR APR = periodic rate × periods per year

Symbols refer to the corresponding input and result labels shown above.

How to use this calculator

Enter your figures, choose any available options, and select Calculate. You can change the inputs as often as you like to compare scenarios.

Planning note

Results are estimates for education and planning. Taxes, lender rules, fees, and investment returns can vary, so verify important decisions with a qualified professional.