APR Calculator
Estimate annual percentage rate from finance charges and loan term.
APR
9%
Finance charge
$900.00
Total repayment
$10,900.00
Formula
APR = ((interest + fees) / loan amount) × (365 / term days).
The APR calculator converts interest and fees into an approximate annual percentage rate for a loan.
How to Use
The APR calculator converts interest and fees into an approximate annual percentage rate for a loan. Enter the Loan amount, Interest paid, Fees, and Term days values and review the APR, Finance charge, and Total repayment outputs after you calculate.
- Open the calculator : Start with APR Calculator.
- Enter values : Fill in the required inputs and any optional settings.
- Review the result : Read the output and use the about page for more detail if needed.
Common Questions
What does the APR Calculator estimate?
Estimate annual percentage rate from finance charges and loan term.
What can change the estimate?
This is an estimate, so taxes, fees, payment timing, compounding, and changing returns can move the result.
What does APR stand for on a credit card?
APR stands for Annual Percentage Rate. It represents the yearly cost of borrowing money on your credit card if you carry a balance from month to month. If you pay your statement balance in full every month, you generally avoid paying any interest regardless of the APR.