Interest Rate Calculator
Calculate effective interest rates and APR
Annual Percentage Yield (APY)
0.000%
The effective annual rate of return taking into account compounding interest
Understanding APR and APY
APR (Annual Percentage Rate): The nominal interest rate stated on an annual basis. It does not account for compounding within the year.
APY (Annual Percentage Yield): The effective annual rate of return taking into account the effect of compounding interest. APY is always higher than APR (except when compounding is annual).
For loans and credit cards, lenders typically advertise the APR. For savings accounts and investments, financial institutions often promote the APY.
About Interest Rate Calculator
Our interest rate calculator helps you determine effective interest rates, APR, and APY. Compare different loan offers and understand the true cost of borrowing. Supports international interest rate conventions.
Interest Rate Calculator FAQs
Our financial calculators use standard financial formulas and provide accurate results based on the information you input. However, they should be used as guidance rather than definitive financial advice.
Currently, you can copy the results or take a screenshot. We're working on adding export functionality to save results as PDF or spreadsheet files.
Yes, our retirement calculator includes an option to account for inflation, allowing you to see how inflation might affect your retirement savings over time.
Our loan calculator automatically generates an amortization schedule showing how each payment is split between principal and interest over the life of the loan.
Yes, our compound interest calculator allows you to select different compounding periods including daily, monthly, quarterly, and annually.