Calculate Annual Percentage Rate (APR)
The APR calculator is intended to help you figure out the annual percentage rate (APR) on a mortgage. With a loan's rate, term, and closing costs, the APR calculator can help you figure out which loan is best for you. To take full advantage of the APR calculator's output, you may want to visit the following resources:
After filling in information related to your loan, click the Calculate button. You should combine all relevant costs into a single number and enter that number in the Total Closing Costs field. Your APR will appear below the APR calculator.
Note that the APR calculator is best for fixed rate mortgages. To get the most meaningful results, make sure you always include the same closing costs for each loan you compare.
If you found the APR calculator useful, please try some of our other banking calculators.