APR vs. Interest Rate Calculator
Compare the interest rate to the APR on your mortgage offer. The APR includes fees and points, giving you the true cost of borrowing — not just the headline number.
Interest Rate vs. APR Calculator
Interest Rate
6.500%
$2,023/mo
APR
6.652%
True annual cost
Fee Breakdown
Closing costs & fees$5,000
Total fees$5,000
Rate vs. APR Gap
+0.152%
Moderate fees
Monthly Cost of Fees
$14
Spread over 30 years