Mortgage & Real Estate
APR Calculator
Calculate the true Annual Percentage Rate of a loan including fees.
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Formula
$$\text{Find APR such that }\sum_{t=1}^{n}\frac{M}{(1+\text{APR}/12)^{t}} = L - F$$
Where
APRannual percentage rateMmonthly paymentLloan amountFfeesnnumber of monthstmonth index
