What Is The APR For This Loan?

Topics:
Credit Management,
Tools and Templates
Tags:
Capital Structures,
Finance,
Financial Planning,
Financial Services,
Free Trade,
Loan,
Mortgages,
Mortgages Magazine,
Taxes
Source:
Mortgages Magazine

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Overview: This tool estimates the Annual Percentage Rate (APR) for a given loan based on its parameters. In addition to its interest rate, we must also take into account the loan's origination fee, discount points, and all other loan fees in order to calculate the APR of the loan. Mortgage loan fees normally include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees.

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Format: HTML | Date: Jan 2008

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