APR Calculator (2025)

Convert money factor to APR, calculate effective APR with fees, and compare the true cost of different loan options.

APR Estimate

3.32%
Effective APR
$477.53
Monthly Payment
$28,651.74
Total Cost
$3,651.74
Total Interest

Fee Impact Analysis

Base Interest Rate:5.5%
Fees:$500.00
Effective APR:3.32%
The effective APR is higher than the base rate due to fees being included in the total cost calculation.

This is an estimate for educational purposes only. Actual APR may vary based on lender terms and conditions.

How to Use This Calculator

Interest Rate + Fees: Calculate effective APR when you know the interest rate and fees.

Money Factor Conversion: Convert lease money factors to APR for comparison with loans.

APR vs Interest Rate: APR includes all costs, making it the best way to compare different loan offers.

Money Factor: Enter the APR percentage directly (e.g., 6.0 for 6% APR).

Comparison: Use APR to compare loans, leases, and different financing options on equal terms.

Frequently Asked Questions

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