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APR Calculator

Calculate the annual percentage rate (APR).

APR Calculator
Loan amount:
Extra cost: Application fee, processing fee, bond fee etc
Annual interest rate: %
No. of months:

Embed APR Calculator Widget

About APR Calculator

The APR Calculator is used to calculate the annual percentage rate (APR).

APR Definition

The annual percentage rate (APR) describes the interest rate for a whole year, rather than just a monthly rate, as applied on a loan, mortgage loan, car loan, credit card, etc. APR is the equivalent interest rate considering all additional costs charged on a certain loan amount. It is a function of the loan amount, interest rate, total additional cost, and the terms. If there are no added costs to a given loan, the APR would equal the interest rate.

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"APR Calculator" at https://miniwebtool.com/apr-calculator/ from miniwebtool, https://miniwebtool.com/

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