APR Calculator

Calculate the true annual percentage rate of your loan

Calculate Your APR

Interest Rate (IR)
6.50%
Total Fees
$600
Total Cost
$3,575
APR (Annual Percentage Rate)
7.12%

APR Breakdown

Loan Amount $10,000.00
Interest Rate 6.50%
Loan Term 60 months
Monthly Payment $193.33
Total Interest Paid $1,600.00
Total Fees $600.00
APR 7.12%