Fixed Rate Mortgage APR Calculator

Fixed Rate Mortgage APR Calculator

This calculator will compute the effective interest rate of a mortgage when upfront loan costs are included.

Mortgage loan amount
Quoted interest rate (%)
Mortgage loan term (# years)
Points (%)
Other closing costs to include
Principal and interest payment
Total of points and other closing costs
Effective loan amount
Monthly payment on effective loan amount
But loan amount is really only
Therefore, the APR is really this amount

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