APR Calculator
Calculate Annual Percentage Rate to compare loan and credit costs.
e.g. Bank A — used when you save to comparison
Estimated APR
9.03%
Fee-inclusive approximation
Monthly payment
£313.36
Total interest
£1,281.09
Total cost (incl. fees)
£11,431.09
Save this summary, then enter another offer to compare.
Approximate only. Real APR calculations follow regulatory formulas that can vary by lender — use this as a guide, not a quote.
In-depth explanation
APR (Annual Percentage Rate) helps compare borrowing costs on a like-for-like annual basis. Enter loan details and fees to estimate APR and better compare offers. Everything runs locally in your browser — your inputs are not uploaded to produce the result.
APR is a yearly measure of borrowing cost that can include interest and certain fees, making offers easier to compare. Enter the first offer, review the summary, then click Save to comparison. Change the numbers for the next lender and add it. Repeat for as many offers as you like — the table highlights best APR and lowest total cost.
Fees and how interest is charged can push APR above the headline rate. Always compare APRs when shopping for credit. Lenders use regulated formulas that can differ slightly. Treat this as a helpful estimate for comparison. Use APR Calculator for quick planning; confirm important money, tax, or health decisions with an official source or professional when needed.
Frequently asked questions
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