Loans

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APR Calculator

Calculate the true annual percentage rate including all fees. Compare loan offers accurately.

Quick Answer

APR includes interest rate plus fees, showing the true cost of borrowing. A 6% loan with high fees might have 6.5% APR. Always compare APR—not advertised rates—when shopping for loans.

Results update automatically as you type

Loan Details

Loan Amount

Interest Rate

Loan Term

Upfront Fees & Costs

True APR

NaN%

+NaN% vs stated rate

Stated Rate

6.5%

Monthly Payment

$1,264

Total Cost

$460,089

Including fees

APR vs Interest Rate

The APR (Annual Percentage Rate) includes the interest rate plus upfront fees spread over the loan term, giving you the true cost of borrowing.

Interest Rate

6.5%

Cost of borrowing only

APR

NaN%

True cost including fees

Pro Tips

•Run multiple scenarios with different values to understand your options
•Bookmark or share your results to reference later
•Check the FAQ section below for answers to common questions

Common Mistakes

•Not accounting for inflation over long time periods
•Forgetting to include all relevant fees and costs
•Using estimates when actual numbers are available

What's Next?

Loans Guide

Learn more about loans strategies

Related Calculators

Explore more tools for your financial planning

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Sources & Accuracy

Last updated: January 13, 2025

Reviewed by: CalcGrid Editorial Team

Data Sources:

Consumer Financial Protection Bureau(2025)

Learn more about how we calculate and our editorial standards.

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