What is the Real APR for that Loan?

Input

Loan Info
Home Value	($)
Interest	(%)
Loan Length	(Yrs)
Downpayment	($) (%)
Additional Info
Origination Fees	(%)
Points	(%)
Other Loan Fees	($)

Financial Analysis

Downpayment	$25,000.00
Amount Financed	$225,000.00
Monthly Payment	$1,403.71
Points Value	$2,500.00
Origination Value	$1,250.00
Other Loan Fees	$1,000.00
Total Closing Cost	$4,750.00
Actual APR	6.580%

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Average Rates


30 Year Fixed:	3.50%
15 Year Fixed:	2.63%
5 Year ARM:	2.25%
From CheckRate.com Brokers

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