APR Calculator
This calculator will compute the effective interest rate of a mortgage when upfront loan costs are included.

Mortgage loan amount:
Quoted interest rate (%):
Mortgage loan term (# years):
Points (%):
Other closing costs to include:
Principal and interest payment:
Total of points and other closing costs:
Effective loan amount:
Monthly payment on effective loan amount:
But loan amount is really only:
Therefore, the APR is really this amount: