How the APR Calculator works
The interest rate is what you are charged; the APR is what the loan actually costs once fees are folded in. Two loans with identical rates can have very different APRs.
Find the true APR of a loan once fees and closing costs are included.
Read the full APR Calculator guide →The interest rate is what you are charged; the APR is what the loan actually costs once fees are folded in. Two loans with identical rates can have very different APRs.