Annual Percentage Rate Calculator
See the true annual cost of a loan once fees are factored in. APR is always at or above the note rate — the wider the gap, the more fees are adding to your cost.
Loan Details
The stated rate on the loan, before fees.
Origination fees, discount points, and any other charges required to be included under Reg Z.
Questions about your rate?
Our local team can walk you through your actual rate and fee breakdown.
Talk to a specialistAnnual Percentage Rate
6.695%
vs. 6.5% note rate · 30-year term
Note Rate
6.500%
stated rate
Above Note Rate
+0.195%
fee-driven spread
Monthly Payment
$1,896
at note rate
Note Rate vs. APR
How this is calculated
Your monthly payment is $1,896, calculated at the 6.5% note rate on the full $300,000 loan. But after subtracting $6,000 in fees, the net amount you actually receive is only $294,000.
APR is the rate that makes the present value of your 360payments equal that smaller financed amount — so it’s always higher than the note rate when fees are present. The larger the fees, the wider the gap.
Compliance Note — Reg Z / TILA
Regulation Z (TILA) has specific rules about which fees are and aren’t included in a federally required APR disclosure. Origination fees and discount points generally are; some third-party fees (appraisal, title insurance) often aren’t, with exceptions. This calculator is a simplified educational estimatebased on whatever amount is entered as “fees” — it is not a substitute for the actual regulatory APR disclosure your compliance team is required to produce. Confirm fee-inclusion rules with compliance before using this number in any official disclosure.
Results are for educational purposes only. APR is calculated using a bisection method solving for the monthly rate that equates the present value of payments to the net amount financed. Contact a Liberty home loan specialist for an actual loan estimate and required TILA disclosures.