APR Calculator
Calculate the true Annual Percentage Rate (APR) including all fees — not just the interest rate.
Results
Nominal Rate
8.50%
True APR
0.00%
Monthly EMI₹10,258
Total Payment₹6.15L
Total Interest₹1.15L
Total Fees₹3,000
Total Cost of Borrowing₹1.18L
APR Premium over Rate+-8.50%
💡 APR vs Interest Rate
The nominal rate is what the lender advertises. The APR includes all mandatory fees and is the true cost of borrowing. Always compare APRs — not interest rates — across loan offers.