APR Calculator

Calculate the annual percentage rate using our APR calculator.

$
%
years
$
(added to load)
$
(paid separately)

Results:

Annual Percentage Rate (APR)

 %
Monthly Payment:
$
Amount Financed:
$
Total Payments:
$
Total Finance Charges:
$
Total Interest:
$
Total Fees:
$
Learn how we calculated this below


On this page:


APR Formula

APR = \left ( \frac{ \frac{ \text{fees}\ +\ \text{interest} }{ \text {principal} } }{ n } \right ) \times 365

Where:
fees = total fees paid on the loan
interest = total interest paid
principal = initial loan amount
n = loan term in days

Loan Payment Formula

PMT = P \left ( \frac{ \frac{r}{n} }{ 1 − \left ( 1\ +\ \frac{r}{n} \right ) ^{−nY} } \right )

Where:
PMT = monthly payment
P = loan principal
r = annual interest rate
n = number of compounding periods per year
Y = loan term in years