What does the APR Calculator work out?

The true annual cost of a loan once fees are included. It is one of the Money & Finance tools on Mondo Knows.

Do I need to sign up, and is my data stored?

No sign-up, and nothing you type is sent anywhere. The calculation runs in your own browser, so the figures stay on your device and the page works offline once loaded.

Mondo Knows Tools

APR Calculator

The true annual cost of a loan once fees are included. Use the free apr calculator below to get an instant answer, with the formula shown so you can check the maths and trust the result. Free, private, and no sign-up.

Loan amount

Interest rate

Term

years

Upfront fees

Mondo says

APR

1,200.00%

Monthly payment$1,199.10

Stated rate6.00%

Cost of fees in APR1,194.00%

How it works

APR folds the interest rate and the upfront fees into one annual figure, so two loans can be compared fairly.

APR Calculator: common questions

What does the APR Calculator work out?: The true annual cost of a loan once fees are included. It is one of the Money & Finance tools on Mondo Knows.
How is the APR Calculator calculated?: APR folds the interest rate and the upfront fees into one annual figure, so two loans can be compared fairly.
Do I need to sign up, and is my data stored?: No sign-up, and nothing you type is sent anywhere. The calculation runs in your own browser, so the figures stay on your device and the page works offline once loaded.

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Estimates for general guidance only. This is not financial, medical or legal advice. Everything runs in your browser and nothing you type is stored.