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RealCostIQ

APR Calculator

Educational calculators — always consult a licensed professional before making financial decisions.

The principal you're borrowing (not including fees).

$
$10K$5M

The nominal rate on your loan offer — not the APR.

%
0.1%20%

Most common. Fees amortized over longest period; APR only slightly above note rate.

Lender fee from Section A of your Loan Estimate. Enter 0 if none.

$
$0$50K

Each point = 1% of the loan. Enter 0 if no points.

%
0%10%

Broker fees, upfront MIP/VA funding fee, prepaid interest. Enter 0 if none.

$
$0$50K

True APR

6.80%

Quoted rate: 6.75% · Fees add 0.05%

Monthly payment$2,076
Total fees in APR$1,500
Total interest (nominal)$427,185
Total cost (interest + fees)$428,685

Healthy fee spread

A 0.05% spread between rate and APR is normal. Fees are reasonable relative to your loan size.

APR vs Rate

Quoted interest rate6.750%
Fee impact+0.046%
True APR6.796%
Free

Email me the detailed report

A full PDF breakdown of these numbers — yours to keep or hand to a contractor.

For educational purposes only. These results are estimates. Always verify with your lender for accurate rates, fees, and payment figures.

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Cost ranges and rates here are checked against contractor quotes and published industry data. If a number still looks off, email Support@RealCostIQ.com and we'll review and fix it.