APR calculator
See the true annual cost of a loan once fees are included, and how far the APR sits above the interest rate.
Only the fees you enter are included — a fee left out cannot show up in the answer. In the United States, an advertised rate is often "representative", meaning most successful applicants are offered it rather than everyone.
How this is worked out
The rate at which the present value of every repayment equals the money actually received.What this assumes
A calculator is only as good as what it leaves out. These are the assumptions built into the result above.
- Repayments are equal and made on schedule.
- Only the fees you enter are included. A fee left out cannot show up in the answer.
- The rate is fixed for the term.
- A lender’s advertised APR is often "representative", meaning most applicants are offered it — not everyone.
Educational information only. This page explains how something works in the United States. It is not financial advice and does not take account of your circumstances. Rates, fees and eligibility change without notice — check the provider’s own terms before you act.
For free, impartial guidance, see Consumer Financial Protection Bureau. To complain about a firm, contact the CFPB complaint database.
Guides that go with this tool
APR vs APY: What's the Difference?
APR is what borrowing costs. APY is what saving earns. The difference between them is compounding — and it works for you in one direction and against you in the other.
What Is APR? The Real Cost of Borrowing, Explained
APR is the yearly cost of borrowing including certain fees, not just the interest rate. Here is what it covers, what it leaves out, and when it misleads.