Pat Beech, Broker, Arlena Enos Realtors

Annual Percentage Rate Calculator

Loan Balance:
Interest Rate:
Period:
Points:
Mortgage Insurance:
APR:

Definitions:

Loan - The loan amount being financed.

Interest Rate - The interest rate on the loan.

Period - Enter the length of the loan, then select the term in years or months.

Points - The points specified in the mortgage program.

Mortgage Insurance - The total cost of mortgage insurance, or the sum of all your monthly insurance payments.

APR - The annual percentage rate (APR) which takes into account the interest rate, points and mortgage insurance.