APR Calculator - Annual Percentage Rate
Annual Percentage Rate (APR)
6.189%
Truth-in-Lending Compliant
Nominal APR
6.189%
Effective APY
6.367%
Monthly Payment
$1,199.10
Total Cost
$431,676
| Loan Cost Summary | |
|---|---|
| Principal | $200,000 |
| Total Fees (Included) | $3,000 |
| Total Fees (Excluded) | $0 |
| Total Interest | $228,676 |
| Finance Charge | $231,676 |
| Amount Financed | $197,000 |
| Fee Type | Amount | APR Impact |
|---|
| Month | Payment | Principal | Interest | Balance |
|---|
Truth-in-Lending Disclosure (Regulation Z)
This APR calculation follows Federal Reserve guidelines for consumer loan disclosure.
This APR calculation follows Federal Reserve guidelines for consumer loan disclosure.
| Fees Included in APR Calculation |
|---|
| Fees Excluded from APR (Paid Separately) |
|---|
Important: The APR represents the cost of credit as a yearly rate. It includes certain fees and charges, but does not include all costs. Your actual payment obligations may be higher.