Interest Rate Calculator

Interest Rate Calculator

Solve the nominal annual loan rate from principal, monthly payment and term.

UTLOISISA KARABO

Sena se baloa joang?

Assumes equal monthly payments starting one month after funding, a fixed rate and no balloon payment. Fees are paid at funding or added to the loan balance. This planning estimate is not a jurisdiction-specific regulatory APR disclosure.

Monthly discounted cash flowsNet proceeds = Σ payment / (1 + monthly rate)^k; annual rate = monthly rate × 12

Mohlala o sebetsang

A 12,000 loan repaid in 12 payments of 1,000 implies a zero interest rate.

Sephetho se baliloeng

Loan proceeds before feesScenarioSephetho se baliloeng
20,000117.3617%
25,00027.5001%
30,00030.0747%

Likhopolo, tlhaloso le liphoso tse tloaelehileng

Likhopolo tsa palo

  • Payments occur monthly at the end of each period with a fixed payment amount.
  • APR is the monthly cash-flow discount rate multiplied by 12; jurisdiction-specific disclosure rules may differ.
  • Upfront fees reduce net proceeds; financed fees increase the repayment balance.

Mokhoa oa ho hlalosa sephetho

  • Interest rate excludes fees; APR includes the entered loan fees.
  • A payment below principal divided by term would require a negative rate and is not supported.
  • Rounded monthly payments can produce a slightly different implied rate.

Liphoso tse tloaelehileng tseo u lokelang ho li qoba

  • Entering an annual payment as a monthly payment.
  • Counting the same fee as both upfront and financed.
  • Treating this planning estimate as a legally compliant lender disclosure.