Free calculator
APR Calculator
Find the true annual cost of a loan after fees and finance charges. APR is useful when comparing payday loans, installment loans, personal loans, and cash advances with different terms.
Loan details
Estimated APR
40.56%
Estimate only. Real APR may vary depending on lender disclosures and which fees are included under applicable law.
How to use this APR calculator
Enter the amount borrowed, all upfront fees, total interest or finance charges, and the number of days until repayment. The calculator annualizes that cost so you can compare short-term and longer-term loans on the same scale.
What APR can reveal
- A small fee can become a very high APR when the repayment term is only a few days or weeks.
- A lower monthly payment can still cost more overall if the loan term is long.
- APR does not tell the whole story; always compare total repayment amount and payment schedule too.
Before accepting a loan offer
Check APR, total repayment amount, payment due dates, late fees, rollover rules, and whether the lender is licensed in your state.
Questions
Frequently Asked Questions
Clear answers to common questions before you compare loan options or apply.