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:

Loan Officer MA License #: MLO196322.
Mortgage Lender / Broker #: MC1775. MA, NH, ME, VT, CT, RI, GA & FL

Reliant Mortgage Company, LLC

Office - 978.818.8312 | Mobile - 617.365.9432 | Fax - 978.818.6635 | E-mail - bob@bjoyce.net

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