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APR Calculator
Calculate the true annual percentage rate of your loan
Calculate Your APR
Loan Amount: $
Interest Rate (%):
Loan Term (Months):
Origination Fee: $
Processing Fee: $
Application Fee: $
Other Fees: $
Interest Rate (IR)
6.50%
Total Fees
$600
Total Cost
$3,575
APR (Annual Percentage Rate)
7.12%
Calculate APR
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%