![]() ![]() If compounding and payment frequencies do not coincide, we convert interest to anĮquivalent rate to sync with payments and then perform calculations in terms of payment frequency. Compounding The frequency or number of times per year that interest is compounded. Interest Rate The annual interest rate or stated rate on the loan. Loan Amount The original principal on a new loan or remaining principal on a current loan. You can also create a custom amortization schedule for loan principal + interest payments.īasic APR Calculator for simple APR calculations. ![]() Input loan amount, interest rate, number of payments and financing fees to find the APR for the loan. The Advanced APR Calculator finds the effective annual percentage rate (APR) for a loan (fixed mortgage, car loan, etc.), allowing you to specify interest compounding and payment frequencies. ![]()
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