https://calculatoruniverse.com/apr-calculator/ An APR (Annual Percentage Rate) calculator is a tool used to determine the true cost of borrowing, including both the interest rate and any additional fees or charges associated with a loan. It calculates the APR based on the loan amount, interest rate, loan term, and any upfront fees or costs. The APR provides borrowers with a standardized way to compare different loan offers, as it reflects the total cost of borrowing expressed as an annual rate. This helps borrowers make informed decisions when choosing between different loan options.