APR Calculator

Unlike an interest rate, the Annual Percentage Rate (APR) for a loan gives you a bigger picture when shopping for the best deal on a loan. The APR lets you see the total cost of a mortgage, including closing fees and points, over the life of the loan - not just the interest due. Enter the following information to calculate the actual APR for a loan:

Loan Amount
Quoted Interest Rate (%)
Points (%)
Other Closing Costs to Include
Length of Loan (in Years)