Annual Percentage Rate or APR Calculator

Unlike an interest rate, the Annual Percentage Rate (APR) for a loan gives you a bigger picture when shopping for the best deal on a loan. The APR lets you see the total cost of a mortgage, including closing fees and points, over the life of the loan - not just the interest due. Enter the following information to calculate the actual APR for a loan:

Loan Amount
Quoted Interest Rate (%)
Points (%)
Other Closing Costs to Include
Length of Loan (in Years)

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees. (This APR Calculation assumes 20 days of Prepaid Interest)

*These calculations are only estimates and should not be used to determine actual loan costs. Please consult your tax advisor for information on the deductibility of interest for tax purpose. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

Current Rates
30 Yr Fixed	5.000%
15 Yr Fixed	4.750%
30 Yr Fixed Jumbo	6.250%
20 Yr Fixed Jumbo	6.000%
Interest Only	5.500%
15 Year Land Loan	5.250%
Prime Rate	3.250%
FHA Rate	5.375%
Commercial	6.500%

Interest Rates, Mortgage program terms and conditions are subject to change without notice. Not all products are available in all states or for all loan amounts. Loans are subject to credit review and approval. Properties securing all loans must be located in the U.S. Other restrictions and limitations may apply