APR calculator.
Estimate the real annual percentage rate for loans and mortgages. Add interest, term, compounding, payment frequency, upfront fees, loaned fees, points, and PMI to see the true borrowing cost.
Use the APR Calculator.
Choose General APR for most loans or Mortgage APR for home-loan estimates. Results update automatically as you type.
Enter APR details
Loan details
For personal loans, auto loans, student loans, business loans, and other installment loans.
APR assumptions
Includes compounding, payback frequency, loaned fees, and upfront fees.
Mortgage details
For home-loan APR estimates with down payment, points, lender fees, and PMI.
Mortgage APR costs
Include lender fees, points, and annual PMI when applicable.
Example calculation loads automatically on first page load. Use Load example to restore the sample anytime, or Clear fields to reset the calculator.
Enter a loan amount, term, interest rate, and fees to calculate APR.
APR cost breakdown
Principal, interest, fees, points, and optional mortgage insurance.
APR output bars
Comparing the key APR output values.
Visual breakdown
See every major APR output as cards, bars, and a finance charge breakdown chart.
Finance charge breakdown
Donut chart showing what makes up the finance charge on this loan.
Output comparison chart
Horizontal bars compare the major APR outputs for the scenario you entered.
About the APR Calculator
This APR calculator estimates the real annual percentage rate of a loan after interest and APR-included charges are considered. It has two modes: a general APR calculator for installment loans and a mortgage APR calculator for home loans with down payment, points, lender fees, and PMI.
What APR means
APR stands for annual percentage rate. It expresses the yearly borrowing cost as a percentage, but unlike the stated interest rate, APR can include certain fees and charges. That is why APR is often more useful when comparing loans with the same term.
General APR inputs
The General APR mode follows the common APR-calculator structure: loan amount, term in years and months, nominal interest rate, compounding frequency, payback frequency, loaned fees, and upfront out-of-pocket fees. Loaned fees are added to the balance being repaid; upfront fees reduce the net amount received for APR solving.
Mortgage APR inputs
The Mortgage APR mode uses house value, down payment, loan term, mortgage interest rate, loan fees, points, and annual PMI insurance. It estimates the payment, amount financed, total interest, total payments, and real APR after mortgage-related borrowing costs.
Overview
PRECISR’s APR Calculator answers: “What is my real APR after loan fees?” Enter the loan amount, interest rate, term, fees, points, and payment settings. The tool returns estimated real APR, payment amount, amount financed, finance charge, total payments, and a visual cost breakdown.
Important disclaimer
⚠ Disclaimer: This calculator is for general estimation and education only and is not financial advice. Real APR disclosures can depend on lender rules, timing, compounding assumptions, excluded third-party charges, escrow items, mortgage insurance rules, and official Truth in Lending calculations.
APR Calculator FAQ
What is APR?
APR is the annual percentage rate. It estimates the yearly cost of borrowing after interest and certain loan costs are included.
Why is APR usually higher than the interest rate?
The interest rate only measures interest. APR can include lender fees, points, mortgage insurance, and other borrowing costs, so it often rises above the stated rate.
What are loaned fees?
Loaned fees are fees added to the loan balance and repaid through installments. They can increase both the payment and the true APR.
What are upfront fees?
Upfront fees are paid out of pocket at closing or funding. They do not increase the payment, but they reduce the net amount received, which can increase APR.
What does compounding mean here?
Compounding describes how the stated interest rate is converted into an effective rate before payments are calculated. Monthly compounding and monthly payments are common, but the calculator lets you test other assumptions.
When should I use Mortgage APR mode?
Use Mortgage APR mode when you want to include house value, down payment, mortgage points, loan fees, and annual PMI insurance.
Does APR include every cost?
No. Some third-party fees, escrow items, prepaid taxes, insurance, and lender-specific charges may be excluded. Always compare official loan estimates.