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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:

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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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