When this calculator is useful

When to use the apr calculator

See when to use the apr calculator and which inputs to compare for your situation.

Try it in situations like these

This APR calculator helps you estimate the annualized cost of borrowing when both interest and fees matter.

Enter Loan fees (USD) and Interest over 1 year (USD) to calculate the result for your current situation.

Change Loan fees (USD) while keeping Interest over 1 year (USD) the same to see how much the result changes.

Compare Loan amount (USD) separately before relying on the result, and verify any conditions not included in the inputs.