APR Calculator
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To use this document, go to the File menu and "Make a copy" for your own use (do not request access)
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Or click here for your own copy
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Principal Amount (P)Annual Interest Rate in Decimal Format (r)Loan Term in Months (t)Monthly Payment
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1000000.07360-$665.30Enter your loan details in the green boxes
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For more information, visit the pages below:
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Fees to Pay
How to Calculate APR
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1000
How to Convert an Interest Rate to Decimal Format
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APR
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7.0999%
See links to the right for the logic behind this calculation.
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*IMPORTANT: These numbers and formulas might not be accurate or appropriate for your situation
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You MUST verify all details, calculations, and projections with your financial institution before making any decisions.
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Consult your tax advisor, financial advisor, legal counsel, and appropriate regulators before taking any action or providing this information to consumers
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