APR Calculator

The Annual Percentage Rate (also known as "APR") is a value that is designed to more closely approximate the true interest rate of a loan (instead of the stated, "Note Rate"). To find out the annual percentage rate of your loan, enter the loan amount, interest rate, points, other costs and year-length term into the boxes below.

"Other Costs" generally includes all fees associated with the loan. Please look at your final HUD-1 closing statement or your up front Good Faith Estimate and grab the total for this purpose. Please note that on a more granular level, certain fees may be excluded by statute from being included in the APR calculation.