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Loan Amount

USD

$1,000.00$5,000,000.00

Nominal Annual Rate

0.1%30%

Loan Term

years

1 year40 years

Upfront Fees (financed into loan)

USD

$0.00$100,000.00

Monthly Payment

$1,229.08

Based on the loan amount plus any fees rolled into the financed balance

USD

APR (fee-adjusted)

6.232

The rate that equates this payment stream to the amount you actually needed, before fees were rolled in

Effective APR (annualized compounding)

6.413

The APR expressed as a true annual compounding rate

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