APR Calculator
Annual percentage rate from fees and rate.
Result
APR
5.84%
Common questions
What is APR and why does it matter?
APR (Annual Percentage Rate) is the yearly cost of borrowing including fees, expressed as a percentage. It gives a more accurate comparison between loans than the interest rate alone.
How is APR different from interest rate?
The interest rate is just the cost of borrowing the principal. APR includes the interest rate plus origination fees, closing costs, and other charges spread over the loan term.