Cupertino APR calculator--Annual Percentage Rate (APR)
A standard calculation used by lenders. It is designed to help borrowers compare different loan options. For example, a loan with a lower stated interest rate may be a bad value if its fees are too high. Likewise, a loan with a higher stated rate with very low fees could be an exceptional value. Cupertino APR calculator incorporates these fees into a single rate. You can then compare loans with different fees, rates or different terms.
Cupertino APR calculator requires a Browser with Java applet Support. If you are seeing this message you will need to download SUN's Java Plug-in. This can be done simply, and automatically. Use Cupertino APR calculator to determine the Annual Percentage Rate (APR) for your mortgage. either by year or by month.