How this calculation works
Estimate a loan’s true annual percentage rate after upfront fees reduce the money received. The result is calculated locally in your browser from the visible inputs, and the method below remains available for checking.
Worked example
A ₹5 lakh loan with ₹15,000 deducted upfront has an APR above its quoted 12% annual rate.
Assumptions and limits
- Inputs use the units shown beside each field.
- Intermediate values retain precision; displayed values are rounded for readability.
Questions people ask
How does the APR Calculator work?
It applies this displayed method: Payment uses the quoted reducing-balance rate. Monthly IRR is back-solved from net disbursal and scheduled payments, then compounded for an effective annual APR. Values stay in your browser and are not submitted to a server.
What should I check before using the APR result?
Inputs use the units shown beside each field. Intermediate values retain precision; displayed values are rounded for readability. This is an estimate, not a lender quote. Rates, fees, rounding and repayment rules vary by agreement.
Does this APR calculator save my information?
No. Calculation inputs are processed on this device. Sharing creates a URL only when you choose the share action.