Law Offices of Edgar A. Benes, P.A.
2300 NW Corporate Boulevard, Suite 222, Boca Raton, FL 33431
Telephone: 561-999-1993, Fax: 561-999-8804 Email: ebenes@beneslaw.com
Residential and Commercial Real Estate Law
   

 
Unlike an interest rate, the Annual Percentage Rate (APR) for a loan gives you a bigger picture when shopping for the best deal on a loan. The APR lets you see the total cost of a mortgage, including closing fees and points, over the life of the loan - not just the interest due. Enter the following information to calculate the actual APR for a loan:

Loan Amount
Quoted Interest Rate (%)
Points (%)
Other Closing Costs to Include
Length of Loan (in Years)

 

 
This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.