See the real cost of a loan. Enter your amount, interest rate, term and any upfront fees or points — this tool solves for the true Annual Percentage Rate, the rate that reflects what you actually pay. Everything runs entirely in your browser.
Loan Details
Amount financed before fees.
Annual rate quoted by the lender.
Number of monthly payments.
Origination fees, points and closing costs paid upfront.
Enter your loan details to see the true APR.
Result
True APR
—
Nominal Rate
—
Monthly Payment
—
Number of Payments
—
Upfront Fees
—
Net Amount Received
—
Total Finance Charge
—
The APR is the rate that makes the present value of your monthly payments equal the net amount you actually receive (loan amount minus upfront fees). Fees make the APR higher than the nominal rate. This is an estimate for comparison; your lender's disclosure may round differently.