See the real cost of a loan once upfront fees are folded in. A quoted interest rate ignores origination fees, points and other charges, but the annual percentage rate (APR) includes them, which is why it is the fairer number for comparing offers. Enter the loan amount, the nominal interest rate, the term in years and any fees, and the calculator works out the monthly payment on the amount you actually receive after fees, then solves for the APR that this payment implies. It also shows the monthly payment and the total you repay. A loan with a low headline rate but heavy fees can easily cost more than one with a slightly higher rate and none, and this reveals that clearly. Everything is computed locally in your browser.