Actual Mortgage APR Calculator


Homebuyers can use this calculator to figure the effective interest rate of a mortgage with upfront loan costs included. This calculator is for fixed-rate mortgages & we also provide a similar APR calculator for ARM loans.

Home Loan Structure

Mortgage loan amount:
Quoted interest rate (APR %):
Loan term in years:
Loan origination points (%):
Discount points (%):
Other closing costs to include:

Your Real APR

Principal and interest payment:
Total of points and other closing costs:
Effective loan amount:
Monthly payment on effective loan amount:
But loan amount is only:
Therefore, the effective APR is:

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