Loan Details

Loan Amount ($)

Nominal Interest Rate (%)

Loan Term

Loan Fees & Costs

Origination Fee ($)

Processing Fee ($)

Other Fees ($)

Credit Card Details

Credit Limit ($)

Purchase APR (%)

Cash Advance APR (%)

Credit Card Fees

Annual Fee ($)

Cash Advance Fee (%)

Balance Transfer Fee (%)

Late Payment Fee ($)

Compare Loan Offers

Loan Offer 1

Interest Rate (%)

Total Fees ($)

Loan Offer 2

Interest Rate (%)

Total Fees ($)

Loan Amount ($)

Loan Term (Years)

Calculation Options

Compounding Frequency

Payment Frequency

What is APR?

APR (Annual Percentage Rate) includes both the interest rate and additional fees, giving you the true annual cost of borrowing. It's always higher than the nominal interest rate when fees are involved.

Understanding APR

APR includes interest rate plus all loan fees and costs

Lower APR means lower total cost of borrowing

Credit card APRs are typically higher than loan APRs

APR helps you compare different loan offers fairly

Federal law requires lenders to disclose APR for most loans

Variable APRs can change over time based on market conditions