This is a practical estimate that includes upfront fees by solving for the rate that matches the net amount received. Exact APR rules vary by country.

Real APR Loan Calculator

Q: What fees should I include?

Include origination, admin, broker fees, and other mandatory upfront costs paid at loan start.

Many “APR” quotes hide fees. This calculator estimates the effective APR by treating upfront fees as part of the cost of borrowing.

Inputs

Amortization (first 12 months)

Month	Payment	Interest	Principal	Balance

“Real APR” here is an approximation computed by finding the interest rate that makes the present value of payments match the net amount you actually receive (principal minus fees). Educational use only.

Results

Monthly payment (quoted APR)

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Total interest (quoted APR)

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Total cost (payments + fees)

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Approx. “Real APR” (fees included)

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How it’s calculated

1) We compute the monthly payment from the quoted APR and loan term.
2) We generate an amortization schedule (interest + principal).
3) We estimate a “real APR” by solving for the rate where:
PV(payments) = principal − upfront fees

FAQ

Is this exact APR?
Not necessarily. True APR rules vary by country. This is a practical estimate for comparing offers.

What fees should I include?
Origination, admin, broker, mandatory insurance premiums paid upfront.