Convert money factor to APR, calculate effective APR with fees, and compare the true cost of different loan options.
This is an estimate for educational purposes only. Actual APR may vary based on lender terms and conditions.
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.