APR Calculator
Calculate the annual percentage rate (APR).
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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