Loan APR Calculator
Estimate monthly payments, total interest, finance charges and the effective annual percentage rate after lender fees.
Add the loan amount, stated interest rate and repayment term.
Include origination, application and other prepaid finance charges.
Review the payment, total cost and estimated APR.
The calculator assumes a fixed-rate, fully amortizing loan with equal payments and fees paid upfront. APR is estimated by solving for the periodic rate that equates the net amount received with the scheduled payments, then annualizing that rate.
What is the difference between interest rate and APR?
The interest rate reflects the cost of borrowing the principal. APR also includes qualifying lender fees, making it more useful for comparing loans.
Why can APR be higher than the stated rate?
Upfront finance charges reduce the net amount received while payments remain based on the full loan amount.
Is this the same as a lender's disclosed APR?
It is an estimate. Official disclosures may use specific regulatory rules, fee classifications, rounding and payment timing.
Results are estimates generated locally in your browser using standard financial formulas and the figures you enter. They are for informational purposes only and are not financial, credit, tax or legal advice. Actual offers, rates, fees and eligibility vary by provider. VisionVix accepts no liability for decisions based on this tool's output.
This calculator is for educational and planning purposes only. It does not provide lending, legal, tax or financial advice. Actual APR and loan costs may differ based on lender disclosures, fee treatment, payment timing and applicable regulations.
