APR Calculator

Q: What’s the difference between interest rate and APR?

The interest rate only includes the cost of borrowing the principal. APR includes the interest plus fees , giving you the full picture of what you’re paying yearly.

Use the free APR Calculator by Calculator Hub HQ to accurately calculate your Annual Percentage Rate (APR), including loan interest and fees. Discover the true cost of borrowing for mortgages, auto loans, credit cards, and more—fast, simple, and reliable.

What is an APR Calculator?

An APR Calculator is a financial tool that helps you determine the true annual cost of borrowing by factoring in both the interest rate and any fees or charges associated with the loan. Unlike a standard interest rate, APR (Annual Percentage Rate) gives you a more complete view of how much you’ll really pay over time.

With the APR Calculator from Calculator Hub HQ, you can quickly estimate the real cost of:

Personal Loans
Auto Loans
Mortgages
Credit Cards
Student Loans
Any other type of installment or revolving credit

General APR Calculator

Loan Amount

Interest Rate

Loan Term

Enter Year

Enter Month

Compound

Pay Back

Loaned Fees

Upfront Fees

Why Use Calculator Hub HQ’s APR Calculator?

Most lenders advertise interest rates, not APR, which can make loans seem cheaper than they really are. Our APR calculator helps you:

Uncover hidden costs like loan fees and points
Compare multiple loan offers accurately
Estimate the real yearly borrowing cost
Make smarter, data-driven financial decisions
Avoid misleading or unclear loan terms

This is especially useful when comparing loans that charge different fees or have varying repayment periods.

What You Can Calculate:

Using our APR Calculator, you can determine:

True Annual Percentage Rate on a loan or credit
Cost of loan interest and additional fees
How APR affects total loan repayment
Better comparisons between loan offers with the same interest but different costs

How to Use the APR Calculator:

Enter the Loan Amount – The total you’re borrowing
Input the Interest Rate – Advertised or offered by the lender
Add the Loan Term – Number of months or years
Include Additional Fees – Origination, closing costs, or points
Click Calculate – Instantly see your APR and total cost

Example Use Case:

If you’re applying for a $20,000 loan with a 6% interest rate over 5 years, but it includes $1,000 in fees, your APR will be higher than 6%. Our calculator will give you the precise figure so you can compare that offer with others accurately.

Frequently Asked Questions

What’s the difference between interest rate and APR?

The interest rate only includes the cost of borrowing the principal. APR includes the interest plus fees, giving you the full picture of what you’re paying yearly.

Why does APR matter when comparing loans?

Two loans with the same interest rate can have very different APRs depending on fees. APR helps you make fair comparisons.

Is this APR Calculator free to use?

Yes! The APR Calculator by Calculator Hub HQ is completely free and works on any device.

Make Informed Borrowing Decisions

APR is one of the most important numbers to understand before accepting a loan. With the APR Calculator by Calculator Hub HQ, you can evaluate and compare financial products quickly, transparently, and confidently.

Start calculating your annuity income today—fast, free, and easy to use!