APR Calculator

Calculate the true annual percentage rate (APR) including loan fees.

Loan Amount ($)

Fees ($)

Monthly Payment ($)

Term (months)

Use Cases

Compare loan offers with different fees
Understand true cost of borrowing
Evaluate credit card terms

Frequently Asked Questions

What is the difference between APR and interest rate?

APR includes both the interest rate and fees, giving a more complete picture of loan cost.

Why is APR higher than the interest rate?

APR includes origination fees, processing costs, and other charges spread across the loan term.

Do all lenders charge fees included in APR?

Most lenders charge origination fees, processing fees, or points that must legally be included in the APR calculation for transparency.

What is a good APR for a personal loan?

Good APR ranges from 6 to 36 percent depending on credit score, with scores above 700 typically qualifying for the lowest available rates.

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Disclaimer:

This calculator provides estimates only. Actual loan payments, APR, interest, fees, taxes and terms may vary by lender, country, credit profile and market conditions. Verify with a qualified financial professional or lender.