APR Calculator
apr_calculatorRead-onlyIdempotent
A 7% loan with a $1,000 fee really costs 9.17%. This APR calculator folds origination fees and points into the true rate, payment and full cost of borrowing. Web page: https://calcbright.com/apr-calculator
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| fees | No | Upfront fees Origination, processing, points and other finance charges. | |
| rate | No | Interest rate (%) | |
| term | No | Loan term (months) | |
| amount | No | Loan amount | |
| currency | No | Currency | USD |