Loan Calculators from CheckRates.com - What is the Real APR for That Loan? How do I figure the APR?
Saturday, February 04, 2012 |
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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%